Bitcoin ETFs see $398.6 million in net outflows; Ethereum also records $139.7 million in outflows
Original headline비트코인 ETF 3억9860만달러 순유출…이더리움도 1억3970만달러
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US spot Bitcoin ETFs recorded $398.6 million in net outflows on December 2, while spot Ethereum ETFs saw $139.7 million leave, according to Farside Investors data. BlackRock's IBIT drove the Bitcoin outflows with $405.3 million in redemptions—exceeding the category's total net outflow—partially offset by a $6.7 million inflow into Fidelity's FBTC. On the Ethereum side, BlackRock's ETHA was the primary source of outflows. The outflows mark a notable reversal in institutional demand for crypto ETFs, with IBIT's single-day redemption standing out given its typical dominance in inflow rankings. Investors will watch whether outflows persist across subsequent trading sessions and whether other issuers' funds follow IBIT's lead.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
BlackRock (BLK), IBIT, Fidelity, FBTC, ETHA
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