PiCK
U.S. Bitcoin spot ETFs posted a net outflow of $14.9 million the previous day…five-day streak of net inflows halted
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.
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.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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