-- On November 14, the net daily outflow of capital from spot #BitcoinETFs amounted to $400.67 million.
-- Ethereum-ETFs also recorded an outflow of $3.24 million.
-- In both sectors, the positive trend continued for seven consecutive trading days.
On November 14, 2024, the net daily outflow of capital from spot bitcoin ETFs amounted to $400.67 million. $3.24 million was withdrawn from the #EthereumETF . The positive trend in both sectors continued for seven consecutive trading days, according to SoSo Value.
According to the platform, on November 14, two bitcoin funds received an influx of funds, namely: IBIT — $126.53 million and HODL — $2.50 million. We faced an outflow:
FBTC — $179.16 million;
ARKB — $161.72 million;
BITB — $113.94 million;
GBTC — $69.59 million;
$BTC
— $5.28 million.
No capital movements were recorded in five ETFs.
Bloomberg Intelligence analyst James Seyffart noted that American spot bitcoin ETFs now own approximately 1.07 million BTC. According to his forecast, this figure is likely to surpass Satoshi Nakamoto's "estimated assets" of 1.1 million #BTC☀ in the near future.
In the Ethereum-ETF sector, ETHE and ETHV faced outflows of $21.90 million and $1.14 million, respectively. Capital inflows were recorded by ETHA — $18.87 million and QETH — $929,010.
There was no activity in the Hong Kong sector of spot bitcoin and Ethereum ETFs.
Recall that on November 11, 2024, the net daily inflow of capital into American spot Ethereum ETFs updated the historical maximum, $295.48 million was received by the funds.
