Editor's PiCK

U.S. Bitcoin spot ETFs, $502.73 million net outflow the previous day… three consecutive trading days

Source
Suehyeon Lee

Summary

  • It reported that U.S. Bitcoin spot ETFs have seen net outflows for three consecutive trading days.
  • During the previous day, U.S. Bitcoin spot ETFs saw a total of $502.73 million in outflows.
  • In particular, it said that major ETF products saw concentrated outflows, with BlackRock IBIT alone recording net outflows of $473.72 million.
Photo=TraderT
Photo=TraderT

Outflows continue from U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs).

On the 15th (local time), according to TraderT, U.S. Bitcoin spot ETFs recorded net outflows of $502.73 million (about KRW 731.7 billion) the previous day. This marks net outflows for three consecutive trading days.

On that day, only BlackRock IBIT saw net outflows of $473.72 million, Grayscale GBTC $25.09 million, Fidelity FBTC $2.06 million, and WisdomTree BTCW $6.03 million. By contrast, Grayscale Mini BTC recorded net inflows of $4.17 million. The remaining products had no net inflows or outflows.

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Suehyeon Lee

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