CandleFocus Bitcoin ETFs on three-day outflow streak as BTC briefly dips below $90k
2025-01-14
Author: Content Editor
Spot Bitcoin exchange-traded funds (ETFs) in the United States experienced their third consecutive day of outflows, with over $1 billion exiting the funds in three days. Fidelity's FBTC and ARK 21Shares' ARKB led the outflows, while BlackRock's IBIT saw an inflow of $29.46 million. The outflows coincided with Bitcoin briefly falling below $90,000 due to concerns over bond yields and President-elect Donald Trump's tariff plans. Ethereum ETFs also experienced outflows, with Grayscale's Ethereum Mini Trust and GBTC contributing to the negative momentum. However, BlackRock's ETHA saw an inflow of $12.9 million.
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