{"id":1546,"date":"2024-10-23T13:04:46","date_gmt":"2024-10-23T13:04:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1546"},"modified":"2024-10-23T13:04:46","modified_gmt":"2024-10-23T13:04:46","slug":"bitcoin-spot-etf-nets-79m-outflow-after-7-day-inflow-streak","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1546","title":{"rendered":"Bitcoin Spot ETF Nets $79M Outflow After 7-Day Inflow Streak"},"content":{"rendered":"<div>\n<p>Bitcoin spot ETFs recorded a net outflow of $79.09 million on Tuesday, marking the first outflow after a consistent inflow streak over the <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41455031\/bitcoin-spot-etf-sees-294m-inflow-extending-7-day-streak-amid-growing-market-confidence\">past seven days<\/a>.<\/p>\n<p><strong>What Happened: BlackRock<\/strong>\u2018s (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>) ETF, showed a gain of $42.9 million on Oct. 22, while <strong>ARK Invest<\/strong>\u2018s (CBOE: ARKB) ETF saw a substantial outflow of $134.7 million. These figures indicate mixed sentiment across Bitcoin-focused funds, despite the overall market outflow.<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/money\/what-is-ethereum-etf\">Ethereum spot ETFs<\/a> showed resilience with a net inflow of $11.9 million on the same day, pointing to contrasting trends between the two leading cryptocurrencies, according to <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\">data<\/a> from SoSo Value.<\/p>\n<p><strong>Fidelity<\/strong>&#8216;s (CBOE: FETH) ETF recorded the most significant net inflow of $11.9 million, helping Ethereum spot ETFs maintain a positive momentum despite Bitcoin&#8217;s outflow.<\/p>\n<p>Cumulative inflows for Ethereum ETFs have reached $1.2 billion, further underscoring Ethereum\u2019s relative strength in the current environment.<\/p>\n<p>In a note sent to Benzinga, according to <strong>Illia Otychenko<\/strong>, Lead Analyst at <strong>CEX.IO<\/strong>, <strong>Bitcoin<\/strong>&#8216;s (CRYPO: &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41487660\/bitcoin-spot-etf-nets-79m-outflow-after-7-day-inflow-streak\" alt=\"Bitcoin\" spot etf nets outflow after inflow streak>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin spot ETFs recorded a net outflow of $79.09 million on Tuesday, marking the first outflow after a consistent inflow streak over the past seven days. What Happened: BlackRock\u2018s (NASDAQ:IBIT) ETF, showed a gain of $42.9 million on Oct. 22, while ARK Invest\u2018s (CBOE: ARKB) ETF saw a substantial outflow of $134.7 million. These figures [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1546","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1546"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1546\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}