Bitcoin ETF Net Outflows Highlight Market Dynamics

According to Farside Investors, the Bitcoin ETF market experienced a net outflow of $54.2 million on October 3, 2024. Notably, the IBIT ETF saw an inflow of $36 million, while the FBTC ETF had an outflow of $37.2 million. Other ETFs such as BITB and BTCO experienced minor inflows of $2.6 million and $2.4 million, respectively. The ARKB ETF faced a significant outflow of $58 million. Several ETFs, including EZBC, BRRR, HODL, BTCW, GBTC, and BTC, reported no changes in flow. These movements suggest varying investor sentiment across different Bitcoin ETFs.
SourceFarside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.