{"id":293041,"date":"2024-04-30T23:02:58","date_gmt":"2024-04-30T17:32:58","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=293041"},"modified":"2024-04-30T23:02:58","modified_gmt":"2024-04-30T17:32:58","slug":"us-bitcoin-etfs-record-fourth-consecutive-trading-day-of-outflows-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/us-bitcoin-etfs-record-fourth-consecutive-trading-day-of-outflows-crypto-news\/","title":{"rendered":"US Bitcoin ETFs record fourth consecutive trading day of outflows &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<h2>Quick Take<\/h2>\n<p>According to the latest data from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/farside.co.uk\/?p=997\">Farside<\/a> Investors, April 29 saw an outflow of $51.6 million from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/insights\/blackrocks-historic-71-day-streak-ends-as-ibit-bitcoin-etf-sees-zero-inflows\/\">US Bitcoin ETFs<\/a>, marking the fourth consecutive trading day of outflows. While this figure does not represent the lowest outflow during this period, it highlights the prevailing market sentiment.<\/p>\n<figure id=\"attachment_415795\" aria-describedby=\"caption-attachment-415795\" style=\"width: 730px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-415795\" class=\"wp-caption-text\">BTC ETF Flow Table: (Source: Farside Investors)<\/figcaption><\/figure>\n<p>Grayscale\u2019s GBTC product witnessed an outflow of $24.7 million, the lowest since April 10, bringing its total outflows to $17,209.3 billion. On the other hand, BlackRock\u2019s IBIT saw no inflow or outflow for the fourth consecutive trading day, maintaining its total inflows at $15,478.6 billion, according to Farside data.<\/p>\n<p>Farside data reports that Fidelity\u2019s FBTC experienced another outflow of $6.9 million, marking the third consecutive trading day of outflows. This brings FBTC\u2019s total inflows to $8,153.9 billion. Ark\u2019s ARB saw a substantial outflow of $31.3 million, its second outflow in the past three trading days, taking its total inflows to $2,219.4 billion.<\/p>\n<p>According to Farside data, the total inflows across all ETFs have dropped below $12 billion, currently standing at $11,946.8 billion.<\/p>\n<div class=\"footer-disclaimer\">\n<p><strong>Disclaimer:<\/strong> Our writers&#8217; opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Quick Take According to the latest data from Farside Investors, April 29 saw an outflow of $51.6 million from US Bitcoin ETFs, marking the fourth consecutive trading day of outflows. While this figure does not represent the lowest outflow during this period, it highlights the prevailing market sentiment. BTC ETF Flow Table: (Source: Farside Investors) [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":293042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-293041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/293041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=293041"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/293041\/revisions"}],"predecessor-version":[{"id":293043,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/293041\/revisions\/293043"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/293042"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=293041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=293041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=293041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}