Editor's PiCK

US spot Bitcoin ETFs log $560 million in net inflows a day earlier…back to inflows after five trading sessions

Source
Suehyeon Lee

Summary

  • Total net inflows into US spot Bitcoin ETFs were tallied at about $562.62 million, marking a return to net inflows after five trading sessions.
  • Inflows of $142.72 million into BlackRock’s IBIT and $153.35 million into Fidelity’s FBTC led the move, according to the report.
  • Net inflows of tens of millions of dollars were also seen in Bitwise’s BITB, ARK Invest’s ARKB, and Grayscale’s Mini BTC, while the remaining products saw no net flows.
Photo=Trader T
Photo=Trader T

A large amount of capital flowed into US spot Bitcoin (BTC) exchange-traded funds (ETFs).

According to Trader T on the 2nd (local time), total net inflows across US spot Bitcoin ETFs came to about $562.62 million (about KRW 814.6 billion) on the day. This marked a return to net inflows after five trading sessions.

By issuer, BlackRock’s IBIT saw inflows of $142.72 million, while Fidelity’s FBTC took in $153.35 million, leading the inflows. Bitwise’s BITB recorded net inflows of $96.50 million, and ARK Invest’s ARKB posted $65.07 million.

In addition, Grayscale’s Mini BTC attracted $67.24 million, while VanEck’s HODL saw $24.34 million, Invesco’s BTCO $10.09 million, and WisdomTree’s BTCW $3.31 million. The remaining products saw no net flows.

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Suehyeon Lee

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