cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

2 in a Row: Bitcoin ETFs Mark Another Green Week, but Ethereum Wins

After a violent eight-week streak with nothing but substantial withdrawals, the spot Bitcoin ETFs changed their course in the middle of July and now extended their recovery period with another green performance.

However, the funds tracking the largest altcoin managed to beat the market leader in terms of weekly net inflows.

BTC ETF Green Wave Endures

Perhaps due to the rising tension in the Middle East over the previous weekend, Monday began with a massive $424.66 million net outflow from the spot BTC ETFs. This was the single-largest withdrawal since June 26. Thus, the good news from the previous week started to look like a fluke that cannot be repeated.

However, investors’ behavior changed in the following four days, and fresh capital started to flow in. Data from SoSoValue shows that $181 million entered the funds on Tuesday, another $107.8 million on Wednesday, $79.15 million on Thursday, and $132.30 million on Friday. As such, the weekend ended in the green, with net inflows of $75.67 million.

Nevertheless, these numbers are nowhere near the mass exodus experienced from the middle of May and the beginning of July. In five out of these eight weeks, investors pulled out $1 billion or more, with the week that ended on June 26 registering the second-highest net outflows of $1.79 billion. Overall, the funds lost more than $8 billion in approximately two months.

The cumulative total net inflows dumped from $59.34 billion to $51.08 billion before they recovered some ground to $51.35 billion as of July 17.

Spot Bitcoin ETFs Net Flows. Source: SoSoValue
Spot Bitcoin ETFs Net Flows. Source: SoSoValue

ETH Funds Do Even Better

While the financial vehicles tracking BTC attracted just over $75 million last week, those following the largest altcoin did even better. The spot Ethereum ETFs gained $105.44 million, building on the previous week’s $84.42 million.

Monday was also in the red, but in a more modest manner. Investors took out $15.41 million. Thursday saw $28.04 million in net outflows, but the $58.34 million on Tuesday, $53.83 million on Wednesday, and $36.73 million on Friday offset all the losses.

Similar to the BTC ETFs, the Ethereum counterparts were on an eight-week red streak, in which they lost well over $1.1 billion in cumulative total net inflows, going from $12.09 billion to $10.89 billion. However, the figure has risen to $11.08 billion after the two consecutive weeks in the green in mid-July.

게시물 2 in a Row: Bitcoin ETFs Mark Another Green Week, but Ethereum Wins 에 처음 등장 크립토포테이토.


댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (455) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (74) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (6) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.