PiCK

U.S. Bitcoin spot ETFs, $278 million net outflow the previous day…turned to outflows in one day

Source
Suehyeon Lee

Summary

  • U.S. Bitcoin spot ETFs experienced a net outflow of $278 million the previous day.
  • Fidelity FBTC recorded the largest outflow at $132.86 million.
  • ARK Invest ARKB, BlackRock IBIT, and Grayscale GBTC also saw outflows, while the other products showed no change.
photo=TraderT
photo=TraderT

Over $200 million in funds flowed out in net terms from U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) the previous day.

On the 13th (local time), according to TraderT, about $278 million (about ₩407.9 billion) in net outflows occurred from U.S. Bitcoin spot ETFs the previous day.

That day, Fidelity FBTC recorded the largest outflow, with $132.86 million withdrawn. This was followed by ARK Invest ARKB with $85.18 million, BlackRock IBIT with $36.91 million, and Grayscale GBTC with $23.05 million in net outflows. There were no net inflows or outflows for the remaining products.

Suehyeon Lee

Suehyeon Lee

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