Bitcoin ETF Momentum Slowing Down? Recently, the first net outflow has been welcomed, and the net inflow has been interrupted for 17 consecutive days.

According to data from BitMEX Research and Farside Investors, after a net outflow of $79.9 million on January 25, the Bitcoin ETF has now experienced a net outflow of $35.7 million, breaking the continuous A record of net inflows for 17 trading days. The situation was reported by 120BtC.coM.

For comparison, the average net inflow in the five trading days before February 16 last week was approximately 7,000 Bitcoins, worth approximately US$454 million.

The net outflow still mainly comes from Grayscale’s GBTC, with an outflow of approximately 3,877 Bitcoins.

BlackRock’s IBIT and Fidelity’s FBTC continued to be the main inflows, with a combined holdings of nearly 3,000 Bitcoins.

Grayscale actively transforms and submits anonymous currency ETF

It is a foreseeable move to transform all closed funds into ETFs, but first submit the anonymous currency ZEC instead Not an application for a large altcoin, but an unexpected move.

However, Nate Geraci, co-founder of The ETF Institute, cited documents and pointed out that he believes that Grayscale’s expansion of its ETF product lineup is a wise move.

Previously reported that both Binance and OKX chose to delist a variety of anonymous coins without elaborating on the specific reasons.

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