Editor's PiCK

US spot Bitcoin ETFs post net inflows of 9.8 billion won the previous day…flows led by BlackRock and Grayscale

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Suehyeon Lee
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Summary

  • US spot Bitcoin ETFs flipped to net inflows in a day, totaling about $6.82 million.
  • BlackRock IBIT, WisdomTree BTCW, Grayscale GBTC and the Grayscale Mini Bitcoin product took in a combined $26.43 million in inflows.
  • Meanwhile, Fidelity FBTC, Bitwise BITB and ARK Invest ARKB saw combined net outflows of $19.61 million.
Photo=TraderT
Photo=TraderT

US spot Bitcoin (BTC) exchange-traded funds (ETFs) swung back to net inflows in a day.

According to TraderT on the 27th (local time), total net inflows across US spot Bitcoin ETFs the previous day came to about $6.82 million (about 9.8 billion won).

By issuer, BlackRock’s IBIT led the overall flow with $15.89 million in inflows. In addition, WisdomTree’s BTCW saw $2.79 million in inflows, while Grayscale’s GBTC and the Grayscale Mini Bitcoin product recorded combined net inflows of $7.75 million.

By contrast, Fidelity’s FBTC posted $5.73 million in net outflows, and Bitwise’s BITB also saw $10.97 million leave. ARK Invest’s ARKB likewise recorded net outflows of $2.91 million. The remaining products had no net flows.

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Suehyeon Lee

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