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.

Forecast Trend Report by Period

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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.

Suehyeon Lee

Suehyeon Lee

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