US BTC and ETH Spot ETFs Record Combined Net Outflows of $219 Million on Wednesday

On March 19, according to the latest Farside data, US BTC spot ETFs recorded a combined net outflow of approximately $164 million yesterday, marking the first day of net outflows this week; additionally, no BTC ETF experienced net inflows on that day.

Among them, Fidelity's FBTC and BlackRock's IBIT topped the net outflow rankings yesterday with approximately $104 million and $33.9 million respectively;

Following these were Grayscale's GBTC and Bitwise's BITB, which recorded daily net outflows of $18.8 million and $7 million respectively;

On the same day, US Ethereum spot ETFs recorded a combined net outflow of $55.7 million, also marking the first day of net outflows this week; additionally, no ETH ETF experienced net inflows on that day;

Among them, Fidelity's FETH and Grayscale's ETHE recorded daily net outflows of $37.1 million and $8.9 million respectively;

Following these were VanEck's ETHV, Bitwise's ETHW, and BlackRock's ETHA, which recorded daily net outflows of $4.8 million, $4.7 million, and $1.3 million respectively;

In summary, affected by the Federal Reserve's decision to maintain interest rates unchanged, US BTC and ETH spot ETFs ended their previous streak of net inflows lasting over a week, with combined net outflows of $219 million on Wednesday.

This comprehensive capital withdrawal appears to reflect rapidly rising risk-aversion sentiment in the market amid unchanged monetary policy, as investors accelerate their exit from risk assets. It is recommended that market speculators avoid blindly increasing leverage and maintain cautious observation.

#比特币ETF # Ethereum ETF