cryptd.in

另类 LinkedIn 适合加密人才

Crypto ETF Recap: Ethereum Still Outpaces Bitcoin, but Cracks Are Emerging

The spot Bitcoin exchange-traded funds ended their third consecutive week in the green, but momentum faded at the end of it.

In the meantime, the funds tracking Ethereum continue to outperform, gaining over $100 million as the underlying asset challenged the $1,950 level.

BTC ETFs Still in the Green but…

"(《世界人权宣言》) funds tracking the market leader were in a tough spot for weeks. Eight, to be precise. In this streak that began in mid-May and felt it went on for eternity, they saw over $8 billion withdrawn from investors, with the total net inflows going down from over $59.34 billion to $51.08 billion on July 2.

However, investors finally changed their tune at this point and broke this negative trend during the first full week of July, inserting nearly $200 million. Another $75.67 million followed during the subsequent week, and the one that just ended began on a high note. In fact, the actual net inflows stood at approximately $1 billion during the seven consecutive green days – from July 14 until July 22.

This coincided (or propelled) with bitcoin’s price rally that drove the asset to $67,000 on Wednesday for the first time in over a month. However, the asset was rejected there, driven south to $64,000 on Friday, while the ETF outflows returned. On Thursday and Friday, investors pulled out $225.18 million and $240 million, respectively.

As such, even though the week ended slightly in the green, it was a relatively modest $33.79 million.

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

ETH ETFs Still Do Better

A rather interesting trend that began two weeks ago was replicated once again. The spot Ethereum ETFs turned out to be more attractive to investors, with almost $104 million in net inflows. Only one day was in the red, with investors pulling out $70.62 million on Friday. Before that, they had poured in $38.09 million on Monday, $37.47 million on Tuesday, $72.64 million on Wednesday, and $26.32 million on Thursday.

Perhaps due to these rather impressive numbers, the underlying asset surged past $1,900 mid-week and peaked at just over $1,950. However, it couldn’t keep the momentum going and slipped by about $100 on Friday and Saturday.

The total net inflows of the ETH ETFs have recovered over $200 million in the past three weeks, but are still well below the $12.09 billion seen in May.

Spot Ethereum ETF Flows. Source: SoSoValue
Spot Ethereum ETF Flows. Source: SoSoValue

 

职位 Crypto ETF Recap: Ethereum Still Outpaces Bitcoin, but Cracks Are Emerging 首次出现在 加密土豆.


评论

發佈留言

發佈留言必須填寫的電子郵件地址不會公開。 必填欄位標示為 *

最新信息

热门类别

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (456) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (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) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (74) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (6) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接,希望与大家分享。