#CreatorPad #CreatorPad $9.6 billion in Bitcoin and Ethereum in one day!
The exchange-traded funds (ETFs) for both Bitcoin and Ethereum had a rough day, recording net outflows exceeding $9.6 billion, in one of the largest financial exit waves since the launch of these funds.
🔸 Bitcoin ETF Funds:
According to SoSoValue data, U.S. Bitcoin spot funds recorded net outflows of approximately $812 million in just one day, marking the second-highest figure of its kind in the history of these funds, representing the second consecutive day of negative outflows.
Among 12 Bitcoin-focused funds, 8 of them recorded significant outflows, notably:
Fidelity - FBTC: topped the list with a net outflow of $331 million in one day.
ARK & 21Shares - ARKB: came second with an outflow of about $328 million, although the fund still holds a total of internal inflows of $2.39 billion.
GrayScale - GBTC: recorded an outflow of $66.79 million.
GrayScale Mini - BTC
consecutively.
📊 The total market capitalization of Bitcoin ETF funds currently stands at $146.48 billion, representing about 6.46% of the total market capitalization of Bitcoin, with a total


