PiCK

U.S. Bitcoin spot ETFs see $60.5 million net outflow

Source
Uk Jin

Summary

  • It reported that spot Bitcoin (BTC) exchange-traded funds (ETFs) experienced a net outflow of $60.5 million.
  • At BlackRock's IBIT, there was a net inflow of $28.7 million, while Grayscale's GBTC (-$44 million) and Fidelity's FBTC (-$39.4 million) showed net outflows.
  • It said that fund flows among major Bitcoin spot ETFs are mixed.
Photo=Trader T X screenshot
Photo=Trader T X screenshot

A net outflow occurred from Bitcoin (BTC) spot exchange-traded funds (ETFs).

On the 8th (local time), Trader T said on X (formerly Twitter) that a total of $60.5 million was net withdrawn from 11 Bitcoin spot ETFs that day.

BlackRock's IBIT had a net inflow of $28.7 million, but Grayscale's GBTC (-$44 million) and Fidelity's FBTC (-$39.4 million) recorded net outflows.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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