PiCK

US Bitcoin spot ETF records net outflow of 135,940,000 dollars in one day… Large-scale fund exit from IBIT

Source
Suehyeon Lee

Summary

  • US Bitcoin (BTC) spot ETFs recorded a total net outflow of 135,940,000 dollars.
  • In particular, BlackRock's IBIT saw outflows of 374,440,000 dollars, leading the overall capital exodus.
  • Conversely, some products such as Fidelity's FBTC, Ark Invest's ARKB, and Bitwise's BITB received inflows.
Photo=TraderT
Photo=TraderT

The US Bitcoin (BTC) spot exchange-traded funds (ETFs) experienced a net outflow of more than 100,000,000 dollars in one day.

On the 6th (local time), according to TraderT, the total net outflow from US Bitcoin spot ETFs the previous day was 135,940,000 dollars (about 196.5 billion won).

On that day, BlackRock's IBIT saw 374,440,000 dollars withdrawn, leading the overall outflows. By contrast, Fidelity's FBTC had inflows of 113,300,000 dollars, Ark Invest's ARKB 82,940,000 dollars, Bitwise's BITB 16,970,000 dollars, VanEck's HODL 3,680,000 dollars, and Grayscale's Mini BTC had inflows of 21,610,000 dollars. The other products had no net inflows or outflows.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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