U.S. spot Bitcoin ETFs post 917 BTC net outflow as Chainlink ETF inflows reach 163,280 LINK
AI Market Summary
U.S. spot Bitcoin ETFs recorded a notable net outflow of 917 BTC (~$57.63m), with major issuers such as BlackRock and Fidelity reducing holdings, implying softer near-term institutional demand and incremental sell-side pressure versus new supply. In contrast, ETFs accumulated 163,280 LINK (~$1.47m), signaling selective risk appetite and growing institutional engagement in Chainlink even as Bitcoin ETF flows weaken.
Impact level
● High
Affected assets
BTC/USDT-0.07%
AI Insight · BTC/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
U.S. spot Bitcoin ETFs recorded a net outflow of 917 BTC, worth about $57.63 million, with products from managers including BlackRock and Fidelity reducing holdings. The outflow was larger than two days’ worth of newly mined Bitcoin supply. By contrast, Chainlink ETFs saw net inflows of 163,280 LINK, valued at $1.47 million, pointing to rising institutional interest. The figures were reported by DailyCoin.
