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PANews, citing Lookonchain, said that US Bitcoin ETF recorded net outflows for the day of 403 coins BTC, while Ethereum ETF recorded net outflows of 12688 coins ETH。
Today, US Bitcoin ETF recorded net outflows of 403 coins BTC, while Ethereum ETF recorded net outflows of 12688 coins ETH
PANews October 21 According to Lookonchain monitoring, today US Bitcoin ETF recorded net outflows of 403 coins BTC，7-day net inflows totaled 2528 coins BTC; Ethereum ETF recorded net outflows of 12688 coins ETH，7-day net outflows totaled 155122 coins ETH。
Source: https://www.panewslab.com/zh/articles/01a15ee6-9cb7-7524-a09f-615819bfd171
PANews said the news was published on October 21。
According to Lookonchain monitoring, US Bitcoin ETF recorded net outflows for the day of 403 coins BTC，7-day net inflows totaled 2528 coins BTC。
According to Lookonchain monitoring, US Ethereum ETF recorded net outflows for the day of 12688 coins ETH，7-day net outflows totaled 155122 coins ETH。
The following is analysis, separate from reported facts. Verify important claims independently.
Net outflows mean that, under this monitoring methodology, the amount of assets flowing out ETF exceeds the amount flowing in; net inflows are the opposite. In the data, Bitcoin ETF recorded net outflows for the day, but 7-day cumulative flows were net inflows; Ethereum ETF recorded net outflows both for the day and in the 7-day aggregate.
These data can be used to observe the fund flows of US Bitcoin and Ethereum ETF for the day and over the past 7 days, but the original text does not explain the relationship between these flows and price changes.
Beginners can compare the daily data with the 7-day cumulative data to avoid judging the overall trend solely on the basis of a single day's net inflows or outflows.
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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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