PiCK

Bitcoin ETFs see $225.16 million in net inflows…BlackRock leads the surge

Source
YM Lee

Summary

  • The U.S. spot Bitcoin ETF market recorded total net inflows of $225.16 million.
  • BlackRock’s IBIT led overall inflows with $322.39 million in net inflows.
  • Fidelity’s FBTC saw $89.29 million in net outflows, while Grayscale’s GBTC posted $28.19 million in outflows.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo=Trader T
Photo=Trader T

On the 3rd (local time), the U.S. spot Bitcoin (BTC) exchange-traded fund (ETF) market recorded total net inflows of $225.16 million.

According to data compiled by Trader T, BlackRock’s IBIT led overall inflows with $322.39 million in net additions. By contrast, Fidelity’s FBTC saw $89.29 million in net outflows.

Grayscale’s GBTC posted $28.19 million in outflows, while Valkyrie’s BRRR recorded $11.57 million and WisdomTree’s BTCW $8.68 million in net inflows.

Bitwise’s BITB, ARK’s ARKB, Invesco’s BTCO, Franklin’s EZBC, VanEck’s HODL and Grayscale Mini Bitcoin posted no flows.

The day’s net inflows were driven by a large influx into BlackRock’s IBIT.

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trending News