Withdrawals

Contents

• ETF Withdrawals (FlowOutXNtv, FlowOutXUSD)

• ETF Withdrawals Count (FlowTfrOutXCnt)

ETF Withdrawals

Definition

The sum of assets withdrawn from an ETF that interval.

Name	MetricID	Unit	Interval
ARK Invest Withdrawals (native units)	FlowOutARKNtv	Native units	1 day
ARK Invest Withdrawals (USD)	FlowOutARKUSD	USD	1 day
BlackRock Withdrawals (native units)	FlowOutBLKNtv	Native units	1 day
BlackRock Withdrawals (USD)	FlowOutBLKUSD	USD	1 day
Bitwise Withdrawals (native units)	FlowOutBWSNtv	Native units	1 day
Bitwise Withdrawals (USD)	FlowOutBWSUSD	USD	1 day
Exchange Traded Fund Withdrawals, Including EtoE (native units)	FlowOutEtfInclNtv	Native units	1 day
Exchange Traded Fund Withdrawals, Including EtoE (USD)	FlowOutEtfInclUSD	USD	1 day
Exchange Traded Fund Withdrawals (native units)	FlowOutEtfNtv	Native units	1 day
Exchange Traded Fund Withdrawals (USD)	FlowOutEtfUSD	USD	1 day
Grayscale Withdrawals (native units)	FlowOutGSCNtv	Native units	1 day
Grayscale Withdrawals (USD)	FlowOutGSCUSD	USD	1 day
Invesco Withdrawals (native units)	FlowOutINVNtv	Native units	1 day
Invesco Withdrawals (USD)	FlowOutINVUSD	USD	1 day
Franklin Templeton Withdrawals (native units)	FlowOutTMPNtv	Native units	1 day
Franklin Templeton Withdrawals (USD)	FlowOutTMPUSD	USD	1 day
VanEck Withdrawals (native units)	FlowOutVANNtv	Native units	1 day
VanEck Withdrawals (USD)	FlowOutVANUSD	USD	1 day
Valkyrie Withdrawals (native units)	FlowOutVLKNtv	Native units	1 day
Valkyrie Withdrawals (USD)	FlowOutVLKUSD	USD	1 day
WisdomTree Withdrawals (native units)	FlowOutWDTNtv	Native units	1 day
WisdomTree Withdrawals (USD)	FlowOutWDTUSD	USD	1 day

Details

• Native units are considered as withdrawn if they leave the control of an address we identify as being owned by an ETF.

• USD flows are computed as FlowOut{ETF}Ntv * PriceUSD

Asset-Specific Details

• For Bitcoin, this metric excludes the effect of change outputs:

  • If a transaction spends 100 BTC from ETF A but 90 BTC are sent back to it as change, the flow is -10 BTC, not -100 BTC and +90 BTC.

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

ETF Withdrawal Count

Definition

The sum count of transfers from any address belonging to an exchange in that interval. If the recipient address also belongs to the same exchange, the transfer is not counted.

Name	MetricID	Unit	Interval
ARK Invest Withdrawal Count	FlowTfrOutARKCnt	Withdrawals	1 day
BlackRock Withdrawal Count	FlowTfrOutBLKCnt	Withdrawals	1 day
Bitwise Withdrawal Count	FlowTfrOutBWSCnt	Withdrawals	1 day
Grayscale Withdrawal Count	FlowTfrOutGSCCnt	Withdrawals	1 day
Invesco Withdrawal Count	FlowTfrOutINVCnt	Withdrawals	1 day
Franklin Templeton Withdrawal Count	FlowTfrOutTMPCnt	Withdrawals	1 day
VanEck Withdrawal Count	FlowTfrOutVANCnt	Withdrawals	1 day
Valkyrie Withdrawal Count	FlowTfrOutVLKCnt	Withdrawals	1 day
WisdomTree Withdrawal Count	FlowTfrOutWDTCnt	Withdrawals	1 day
Exchange Traded Fund Withdrawal Count	FlowTfrFromEtfCnt	Withdrawals	1 day
Exchange Traded Fund Withdrawal Count, Incl EtoE	FlowTfrFromEtfInclCnt	Withdrawals	1 day

Details

• Coinbase (i.e., miner reward) transactions are not counted.

Asset-Specific Details

• For UTXO-based protocols, this metric does not count change outputs:

  • If the input addresses belong to a given ETF, then the outputs belonging to the same ETF are not counted as transfers to that ETF

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

API Endpoints

ETF Withdrawal metrics can be accessed using these endpoints:

• timeseries/asset-metrics

and by passing in the metric ID's FlowOut* and FlowTfrOut* in the metrics parameter.

Shell

curl --compressed "https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=FlowOutARKNtv&assets=btc&pretty=true&api_key=<your_key>"

Python

import requests
response = requests.get('https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=FlowOutARKNtv&assets=btc&pretty=true&api_key=<your_key>').json()
print(response)

Python Client

from coinmetrics.api_client import CoinMetricsClient

api_key = "<API_KEY>"
client = CoinMetricsClient(api_key)

print(
    client.get_asset_metrics(
        metrics="FlowOutARKNtv", 
        assets="btc",
    ).to_dataframe()
)