Editor's PiCK

U.S. Bitcoin spot ETFs posted a net outflow of $14.9 million the previous day…five-day streak of net inflows halted

Source
Suehyeon Lee

Summary

  • U.S. Bitcoin spot ETFs closed with a net outflow of $14.9 million, halting a five-day streak of net inflows.
  • BlackRock's IBIT had an inflow of $42.24 million, while ARK Invest's ARKB and Grayscale's GBTC experienced net outflows of $37.09 million and $19.64 million, respectively.
  • Other ETF products showed no net inflows or net outflows.
Photo=Shutterstock
Photo=Shutterstock

U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) closed with a slight net outflow.

On the 4th (local time), according to TraderT, the total net outflow of Bitcoin spot ETFs was $14.9 million. This is about 21.9 billion won, and the five-day consecutive net inflow trend was interrupted.

On that day, BlackRock's IBIT recorded a net inflow of $42.24 million, but ARK Invest's ARKB saw $37.09 million and Grayscale's GBTC saw $19.64 million flow out. 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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