Bitcoin ETF Net Outflows Highlight Market Dynamics

10/4/2024 3:46:51 AM

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. (Source)

Bitcoin ETF FBTC ARKB IBIT

More from Farside Investors (@FarsideUK): Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.

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