PiCK
US spot Bitcoin ETFs post $205.82 million in net outflows a day earlier…BlackRock-led fund exodus
Suehyeon Lee
Summary
- Total net outflows from US spot Bitcoin ETFs were tallied at $205.82 million, indicating that large-scale fund withdrawals are continuing.
- BlackRock’s IBIT posted $117.44 million in net outflows, marking the largest fund exodus.
- Fidelity’s FBTC, Bitwise’s BITB, and Ark’s ARKB each recorded net outflows, while only VanEck’s HODL logged $6.35 million in net inflows.
Large-scale fund outflows from US spot Bitcoin ETFs are continuing.
According to data compiled by Trader T on the 23rd (local time), total net outflows from US spot Bitcoin ETFs amounted to $205.82 million (about 297.6 billion won) that day. The flows swung back to net outflows just one trading day after turning to net inflows.
BlackRock’s IBIT recorded the largest withdrawal with $117.44 million in net outflows. Fidelity’s FBTC saw $27.93 million, Bitwise’s BITB $43.58 million, and Ark’s ARKB $9.16 million in net outflows. By contrast, only VanEck’s HODL posted net inflows of $6.35 million, while the remaining products saw no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
