CandleFocus

Bitcoin ETFs continue to see outflows while Ether ETFs rebound

Spot Bitcoin exchange-traded funds (ETFs) in the United States experienced their fourth consecutive day of outflows on January 14, with over $1.2 billion leaving the funds. The majority of outflows came from BlackRock's IBIT. However, Ethereum ETFs saw inflows on the same day, with Bitwise's ETHW attracting $1.15 million from investors. The total net outflow for Bitcoin ETFs was $209.82 million, while the net inflow for Ethereum ETFs was $2.41 billion. Despite this, Bitcoin surged past $97,000 on January 15.

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