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According to Lookonchain monitoring, U.S. Bitcoin today ETF and Ethereum ETF both recorded net outflows.
U.S. Bitcoin today ETF net outflow 6998 coins BTC, Ethereum ETF net outflow 19381 coins ETH
PANews October 23 According to a report, Lookonchain monitored that U.S. Bitcoin today ETF net outflow 6998 coins BTC，7 daily net inflow 4312 coins BTC; Ethereum ETF net outflow 19381 coins ETH，7 daily net outflow 115218 coins ETH。
Source: https://www.panewslab.com/zh/articles/01a16900-9e84-74cf-8548-0b38bba43675
U.S. Bitcoin today ETF net outflow 6998 coins BTC，7 daily net inflow 4312 coins BTC。
U.S. Ethereum today ETF net outflow 19381 coins ETH，7 daily net outflow 115218 coins ETH。
PANews said that the above data was monitored by Lookonchain.
The following is analysis, separate from reported facts. Verify important claims independently.
“Net outflow” means that the quantity of assets flowing out during the statistical period exceeded the quantity flowing in. This article also lists single-day and 7-day data, but does not provide the original ETF subscription/redemption details or calculation method.
ETF Funds flow can be used to observe the flow of funds in the relevant assets; the data in this article show that Bitcoin ETF had a one-day net outflow and a recent 7 day net inflow, while Ethereum ETF had one-day and recent 7 day net outflows.
Beginners should first distinguish between single-day data and 7-day data to avoid judging the trend solely on the basis of a net outflow over 1 days.
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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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