PiCK
US spot Bitcoin ETF sees $27.5 million in net outflows the previous day…about 3.96 billion won
Suehyeon Lee
Summary
- It said US spot Bitcoin ETFs saw $27.5 million in net outflows in a single day.
- It added that this brought to an end a run of net inflows for three consecutive trading sessions.
- It noted $32.7 million in net outflows from BlackRock’s IBIT, while Invesco’s BTCO and Franklin Templeton’s EZBC each saw modest net inflows.
Forecast Trend Report by Period
More than $20 million was withdrawn in a single day from US spot Bitcoin (BTC) exchange-traded funds (ETFs), data showed.
According to Farside Investors on the 28th (local time), US spot Bitcoin ETFs recorded total net outflows of $27.5 million the previous day. This ended a streak of net inflows that had continued for three consecutive trading sessions.
BlackRock’s IBIT alone posted $32.7 million in outflows. In contrast, Invesco’s BTCO saw net inflows of $3.3 million, and Franklin Templeton’s EZBC recorded $1.9 million in net inflows. The remaining products saw no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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