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October 2, PANews cited Lookonchain as saying that Bitcoin ETF recorded a net inflow, while Ethereum ETF recorded a net outflow.
Bitcoin today ETF net inflow 1383 coins; Ethereum ETF net outflow 23400 coins
PANews October 2 reported, according to Lookonchain monitoring,October 2 Bitcoin ETF single-day net inflow 1383 coins BTC（120250000 USD), -day net inflow 2467 coins BTC（214400000 USD); Ethereum ETF single-day net outflow 23436 coins ETH（64690000 USD), -day net outflow 8133 coins ETH（22450000 USD）。
Source: https://www.panewslab.com/zh/articles/01a0fcf6-0136-7527-bd0c-f08f38d4946e
According to Lookonchain monitoring,October 2 Bitcoin ETF recorded a single-day net inflow of 1383 coins BTC, equivalent to 120250000 USD。
Bitcoin ETF recorded a -day net inflow of 2467 coins BTC, equivalent to 214400000 USD。
Ethereum ETF recorded a single-day net outflow of 23436 coins ETH, equivalent to 64690000 USD。
Ethereum ETF recorded a -day net outflow of 8133 coins ETH, equivalent to 22450000 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
A net inflow means that, during the reporting period, more assets flowed into ETF than flowed out; a net outflow is the opposite. The data show that Bitcoin ETF recorded net inflows on both a single-day and -day basis, while Ethereum ETF recorded net outflows on both bases.
These data reflect differences in capital flows for Bitcoin ETF and Ethereum ETF during the reporting period and can be used to observe related ETF subscription and redemption changes.
Beginners may treat ETF net flows as an indicator for observing capital inflows and outflows, but this data set alone cannot determine whether prices will rise or fall afterward.
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An exchange-traded fund (ETF) is a fund product that can be traded on the market like a stock.
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View glossary →The abbreviation commonly used for Bitcoin when referring to it as a digital currency.
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