PiCK

US spot Bitcoin ETFs turn back to net inflows after four trading sessions

Doohyun Hwang

Summary

The US spot Bitcoin ETF market reportedly turned back to net inflows after four trading sessions.
Total daily net inflows into US spot Bitcoin ETFs were tallied at $88.04 million.
BlackRock’s IBIT took in $64.46 million and Fidelity’s FBTC $23.59 million, according to the report.

The US market for spot Bitcoin exchange-traded funds (ETFs) swung back to net inflows after four trading sessions. Some institutional money appears to have returned even as volatility has recently intensified.

According to data from SosoValue on the 20th (local time), total daily net inflows into US spot Bitcoin ETFs came to $88.04 million.

By fund, BlackRock’s IBIT attracted $64.46 million, accounting for most of the net inflows. Fidelity’s FBTC also posted net inflows of $23.59 million. Other major ETFs, including Grayscale’s GBTC, Bitwise’s BITB and ARK’s ARKB, saw no inflows or outflows.

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