Bitcoin, Ethereum ETFs See $742 Million In Outflows, Supply Shock Unlikely In 2025, Report Shows
Posted On January 9, 2025
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs faced substantial net outflows of $742 million on Jan.8.
Bitcoin ETFs led the decline, recording $583 million in outflows, with Blackrock‘s (NASDAQ:IBIT), Fidelity‘s (CBOE: FBTC), and Ark & 21Shares (CBOE: ARKB) contributing $124 million, $258 million and $148 million, respectively, according to data from SoSo Value.
Ethereum spot ETFs saw $159 million in withdrawals, $147 million of which stemmed from Fidelity‘s (CBOE: FETH), data shows.
This comes as research from the cryptocurrency exchange CEX.IO suggests a Bitcoin supply shock is unlikely in 2025, despite market fluctuations and ETF movements.
CEX.IO’s analysis, released today, …