Cryptocurrency market participants spot Bitcoin in the US $97,120.1 and Ethereum 
$3,241.9 ETFHe carefully follows the movements in . According to the data on the last trading day dated January 13, 2025, both Bitcoin as well as Ethereum There were outflows from ETFs. BlackRock’s positive contribution stood out.
Significant Net Outflow from Spot Bitcoin ETFs
Spot Bitcoin ETFTotal net outflow reached 284 million dollars. As expected, this caused fluctuations in the cryptocurrency market. But BlackRock’s spot Bitcoin ETF IBIT It painted a positive picture with a net inflow of $29.46 million. There was an outflow of $113 million from Fidelity’s ETF. The absence of an exit from BlackRock was considered a positive development.
Movements of investors in this process Bitcoin ETF marketIt created different dynamics towards On the other hand, while the outflows recorded in general reflected the market-wide sentiment, BlackRock’s withdrawal of inflows was perceived as a positive signal.
Spot Ethereum ETFs Have Been Out for 4 Days
Spot Ethereum ETFTotal net outflow reached 39.43 million dollars. This situation ensured that the uptrend in spot Ethereum ETFs, which has been going on for the last four days, continued. But BlackRock’s spot Ethereum ETF ETHA It maintained balance in the Ethereum market to some extent, attracting a net inflow of $12.89 million. Grayscale Mini ETF attracted attention with an outflow of $37 million.
Despite the outflows in ETFs, BlackRock’s attraction to the market with its Ethereum ETF was a development that increased investors’ confidence. Market uncertainties and investor behavior are cited as reasons for the ongoing outflows.
cryptocurrency market For participants, the latest figures on this side once again revealed the impact of ETFs on the market. The fact that BlackRock attracted net inflows in both Bitcoin and Ethereum ETFs was a promising picture for investors.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
