Summary
- It reported net outflows of $158.41 million from U.S. Bitcoin (BTC) spot ETFs.
- In particular, BlackRock's 'iShares Bitcoin Trust (IBIT)' alone saw net outflows of $173.74 million, which led the market-wide outflows.
- By contrast, Fidelity's 'Fidelity Wise Origin Bitcoin Fund (FBTC)' recorded net inflows of $15.33 million, attracting funds.
Spot Bitcoin (BTC) ETFs traded in the U.S. experienced net outflows of over $100 million.
According to data from TraderT on the 19th (local time), the total net outflows from 11 spot Bitcoin ETFs amounted to $158.41 million that day.
Only BlackRock's 'iShares Bitcoin Trust (IBIT)' saw net outflows of $173.74 million. This overwhelmed the flows of other products and led the market-wide outflow.
By contrast, Fidelity's 'Fidelity Wise Origin Bitcoin Fund (FBTC)' recorded net inflows of $15.33 million, the only fund to attract money.
The remaining nine products, including Bitwise (BITB), Ark Invest (ARKB), Grayscale (GBTC·BTC), Invesco (BTCO), and Franklin Templeton (EZBC), saw no inflows or outflows.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀