Outflow from cryptocurrency ETFs in the US exceeded $540 million on Thursday
Outflow from cryptocurrency ETFs in the US exceeded $540 million on Thursday
The leader was FBTC from Fidelity with $199.9 million, followed by IBIT and GBTC. Over the week, the funds lost more than $1.1 billion; the only product without movement was the XRP ETFs, while Bitcoin fell by 5.6% in a day.
BlackRock Lost $405.3 Million in Its Bitcoin ETF
BlackRock Lost $405.3 Million in Its Bitcoin ETF
On Monday, BlackRock's IBIT experienced a loss of $405.3 million – the largest daily outflow since June 26. American Bitcoin exchange-traded funds started November with $398.6 million in net outflows. Ethereum ETFs have been losing funds for the sixth consecutive day.
OKX Attracted $445 Million in a Day, Outflow from Binance Exceeded $7 Billion
OKX Attracted $445 Million in a Day, Outflow from Binance Exceeded $7 Billion
OKX recorded $445 million in net inflows over 24 hours – the highest among tracked exchanges. Meanwhile, Binance experienced outflows exceeding $7 billion, although around $127.9 billion remains in wallets. Bybit, Gate, and Bitget are also in the green.
Net Outflow from Binance Reached $5.8 Billion After Withdrawal Resumption
Net Outflow from Binance Reached $5.8 Billion After Withdrawal Resumption
DefiLlama recorded a net outflow of $5.8 billion from Binance in 24 hours following a record hack of $6.3 billion. The exchange has processed $4.6 billion in withdrawals against $1 billion in deposits and states that the flows have slowed down. This is a small fraction of the $171 billion in client assets.
Chainlink Lost 20.8% in October Amid Token Outflows from Exchanges
Chainlink Lost 20.8% in October Amid Token Outflows from Exchanges
Chainlink lost 20.8% in October despite a prolonged outflow of tokens from exchanges.
Record Outflows from Bitcoin ETF Reached $773 Million
Record Outflows from Bitcoin ETF Reached $773 Million
Bitcoin ETFs recorded unprecedented outflows of $773 million over two days as BTC price tested the $80,000 level
Dogecoin ETF Records Largest Outflow in October
Dogecoin ETF Records Largest Outflow in October
Dogecoin ETF recorded an outflow of $538,000 amid market volatility. Investors are exercising caution. Learn more about the current state of Dogecoin and its ETF.
Bitcoin Falls Below $82,000 Amid ETF Outflows
Bitcoin Falls Below $82,000 Amid ETF Outflows
On October 23, the price of Bitcoin dropped to $81,449.88, attributed to outflows from ETFs and overall pressure on the cryptocurrency market.
Bitcoin ETFs Lost $635 Million in October
Bitcoin ETFs Lost $635 Million in October
Report on significant capital outflows from Bitcoin ETFs in the US in October, including statistics and price dynamics.
XRP ETF Records Weekly Outflow for the First Time in Three Months
XRP ETF Records Weekly Outflow for the First Time in Three Months
XRP ETF has shown a weekly outflow for the first time in three months; data on amounts and asset volumes.