U.S. spot Bitcoin and Ethereum this week ETF recorded net outflows of 678900000 and 542200000 USD
BIBIBI
AT A GLANCE
U.S. spot Bitcoin and Ethereum this week ETF both recorded cumulative net outflows.
Article
U.S. spot Bitcoin this week ETF cumulative net outflow 678900000 USD BlockBeats reports that October 11, according to Farside monitoring data, U.S. spot Bitcoin this week ETF recorded a cumulative net outflow of 678900000 USD, while spot Ethereum recorded a cumulative net outflow of ETF. 542200000 USD Original link https://m.theblockbeats.info/flash/371204
Key points
01
According to Farside monitoring data, U.S. spot Bitcoin this week ETF recorded a cumulative net outflow of 678900000 USD。
02
According to Farside monitoring data, U.S. spot Ethereum this week ETF recorded a cumulative net outflow of 542200000 USD。
03
BlockBeats reported on October 11 the above data.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A net outflow means that, during the statistical period, more funds flowed out of the relevant ETF than flowed in. The report provided the cumulative net outflow amounts for spot Bitcoin and Ethereum ETF this week.
Why it matters to readers
ETF Cash flow data can help observe the inflows and outflows of relevant investment products during the statistical period.
Beginners can understand it as follows: this week, the amount of funds flowing out of these two types of spot ETF was greater than the amount flowing in.
Risks and unknowns
The evidence does not explain the reasons for the changes in fund flows.
The evidence does not state whether fund flows in the next statistical period will continue to show net outflows or turn to net inflows.
The above data came from the report's citation of Farside monitoring data; no independently verified information was provided in the evidence.
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Related concepts
Spot ETF
Directly holds the underlying assets, with its fund units corresponding to the actual assets held in custody ETF。