Ethereum

Bitcoin

Daily

<ul class="wp-block-list">
  
 <li>Bitcoin ETFs faced a daily net outflow of -$389.60M, with GBTC and FBTC leading declines.</li>   
 <li>Ethereum ETFs recorded a daily outflow of -$55.41M, with Grayscale’s ETHE showing the largest decline at -$17.36M.</li>   
 <li>Positive daily percentage changes for Ethereum ETFs ranged from +1.75% to +1.90%, despite overall outflows.</li> 
</ul>   
According to a recent update by SoSoValue as of December 30, the daily total net inflow of Bitcoin ETFs recorded a decline of -$389.60 million, while the cumulative total net inflow stood at $35.27 billion. Total net assets reached $106.24 billion, equivalent to 5.68% of Bitcoin’s market cap.   
<h2 class="wp-block-heading" id="h-bitcoin-etfs-record-heavy-outflows-gbtc-fbtc-under-pressure">Bitcoin ETFs Record Heavy Outflows: GBTC, FBTC Under Pressure</h2>   
Grayscale's GBTC ETF led with net assets of $19.35 billion but saw a daily net outflow of -$134.50 million. Fidelity’s FBTC ETF followed with net assets of $18.99 billion, experiencing a daily net outflow of -$154.64 million. Ark &amp; Co.'s ARKB ETF recorded $4.41 billion in net assets, with a daily net outflow of -$26.40 million.   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdSbvuHDkF_W_Wn5jmP-NyZ9lG0ZONNT6_TVlJaNz8bixtQa1KzRv3C4kfUiBdfm6fw_J9HZ1d-sUCxFCOBxKvIkhZ7alXKUNtQmDL-g-d87Gepf3_wKKUV4RrN_P35Ex3yFnB8GQ?key=C-9-xA7F168GWicYlAjtQpzk" alt="">
</figure>   
Source: <a href="https://sosovalue.com/assets/etf/us-btc-spot" target="_blank" rel="noreferrer noopener">SoSoValue</a>   
Bitwise's BITB ETF reported $3.80 billion in net assets, with a daily net outflow of -$31.37 million. Grayscale's BTC ETF maintained <a href="https://cryptonewsland.com/bitcoin-etfs-sees-288m-outflows-with-only-one-inflow/" target="_blank" rel="noreferrer noopener">$3.58 billion in net assets and reported a smaller outflow </a>of -$31.73 million.   
VanEck’s HODL ETF registered $1.30 billion in net assets, with zero inflows or outflows. Hashdex’s DEFI ETF showed a positive daily change of 0.23% and net assets of $14.97 million. Trading volumes across the ETFs displayed varying levels, with FBTC showing the highest trading volume of $444.93 million.   
<h2 class="wp-block-heading" id="h-what-about-ethereum-etfs">What About Ethereum ETFs?</h2>   
Ethereum ETFs have not been spared as well, with a a daily total net inflow of -$55.41 million. The cumulative total net inflow stands at $2.62 billion, with total net assets reaching $12.27 billion, <a href="https://cryptonewsland.com/ethereums-q1-halving-year-trend/" target="_blank" rel="noreferrer noopener">equivalent to 3.00% of Ethereum's market cap</a>. The total value traded for the day amounts to $336.27 million.   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcPGABU4brR-BTtoK_yY3wrSabtJmlS1HouBkI4A0mbLETQmwKY_KyTx2LrRTmoA7MBeRlHl9ipuLuS0mkJ4frqoPsmywU1CLr_Lbu5vHM2jmsTl9AH2VvpUrzeuezwslgbJEDb9A?key=C-9-xA7F168GWicYlAjtQpzk" alt="">
</figure>   
Source: <a href="https://sosovalue.com/assets/etf/us-eth-spot" target="_blank" rel="noreferrer noopener">SoSoValue</a>   
Grayscale’s ETHE leads with $4.81 billion in net assets but recorded a daily net outflow of -$17.36 million. BlackRock’s ETHA follows with $3.64 billion in net assets and no net inflow or outflow during the period. Grayscale’s ETH ETF holds $1.60 billion in net assets, with a daily net outflow of -$13.75 million.   
Fidelity's FETH ETF recorded a daily net inflow of $20.41 million, bringing its total net assets to $1.57 billion. Bitwise’s ETHW ETF has $412.01 million in net assets, while VanEck’s ETHV ETF stands at $149.47 million, with no notable inflow.   
Other ETFs, such as Franklin’s EZET and Invesco’s QETH, showed smaller net assets of $42.66 million and $24.01 million, respectively. All ETFs displayed positive daily percentage changes ranging from +1.75% to +1.90%. 
The post <a href="https://cryptonewsland.com/bitcoin-vs-ethereum-etf-market-records-mixed-results-as-daily-outflows-and-gains-compete/">Bitcoin vs. Ethereum: ETF Market Records Mixed Results as Daily Outflows and Gains Compete</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.

Bitcoin vs. Ethereum: ETF Market Records Mixed Results as Daily Outflows and Gains Compete

Table of Contents

Crypto News Land

Other articles published on Dec 31, 2024

BlockDAG’s Latest AMA Confirms Mainnet Launch in 2025! Solana Daily Transactions Rise & AVAX Pric...

SONIC Token Distribution and Utility Outlined as SVM Mainnet Nears

3 fast-rising tokens to deliver 10,000% gains before Bitcoin hits $150,000

Best Meme Coin Presales to Invest in December 2024: The Ultimate Showdown – BTFD Coin, Pepe Coin,...

Cardano Reveals Bitcoin DeFi Focus and Partnerchain Plans for 2025

Qubetics With Its Presale, Stellar And Render With Their Staying Power Are The Best Cryptos To In...

Join our free newsletter for daily crypto updates!