Bitcoin ETFs log fourth consecutive day of outflows, totaling $650m as BTC struggles

The funds negotiated in exchange for Bitcoin in the United States experienced their fourth day of consecutive outings on February 13, with a total loss of $ 156 million, mainly drawn by withdrawals from the FBTC and the ArkB of Ark 21Shares de Fidelity.

According to Sosovalue data, the 12 Bitcoin ETF points recorded $ 156.69 million In net outings, representing a decrease of 37.6% compared to the $ 251.03 million in outputs recorded the day before.

The FBTC of Fidelity led outs for the fourth consecutive day, with $ 94.46 million out of the fund, followed by the Arkb of Ark 21shares with $ 52.73 million. Additional outings included:

• Bitwise bitb: $ 15.69 million
• EZBC de Franklin Templeton: $ 8.35 million
• Grayscale’s GBTC: $ 6.86 million
• Investco Galaxy BTCO: $ 4.81 million

The only aberrant value of the day was Blackrock‘S Ibit, which recorded $ 26.21 million in entries. Vaneck’s Bitcoin ETF spot data has not been updated at the time of writing. The remaining four ETF BTCs saw zero flows during the day.

The total trading volume for the Bitcoin ETF reached $ 1.77 billion on February 13, with cumulative net entries of $ 40.05 billion.

In the last five days of negotiation, these investment products have only known one day of entries, while the other four days Given important outingsbearing total net outings over the period at around $ 650 million.

Meanwhile, the ETHE Ether became clear to net tickets on February 13, with $ 12.92 million In the net entries led by the FBTC of Blackrock and Fbetc, which attracted $ 12.05 million and $ 4.64 million respectively. Part of these entries was offset of $ 3.77 million out of the Graycale Ethe.

The daily negotiation volume amounted to $ 247.6 million, with total net entries since their launch at $ 3.14 billion.

Since February 13, the Asian morning time, Bitcoin (BTC) was traded at $ 96,909, in the middle of a range between $ 90,000 and its $ 109,000 summit, which started in mid-November. Ethereum (Ethn) was about $ 2,718, marking a drop of 1%.