Summary
- The 12 US spot Bitcoin ETFs recorded total net outflows of $348.83 million in a single day.
- In particular, Fidelity (FBTC) posted $158.54 million in outflows and BlackRock (IBIT) saw $143.45 million, marking the largest net outflows.
- Bitwise (BITB), Grayscale (GBTC), VanEck (HODL), the Grayscale Mini Trust (BTC), and ARK Invest (ARKB) also saw outflows in the millions of dollars.
Forecast Trend Report by Period
More than $300 million exited the US spot Bitcoin exchange-traded fund (ETF) market in a single day.
According to on-chain data platform SoSoValue on the 6th (local time), the 12 US spot Bitcoin ETFs recorded total net outflows of $348.83 million. Not a single product posted net inflows.
Fidelity (FBTC) saw the largest net outflow, with $158.54 million leaving in one day. BlackRock (IBIT) followed with $143.45 million in outflows.
This was followed by $22.17 million from Bitwise (BITB), $9.56 million from Grayscale (GBTC), $5.77 million from VanEck (HODL), $4.82 million from the Grayscale Mini Trust (BTC), and $4.52 million from ARK Invest (ARKB).
The remaining five products—Invesco (BTCO), Valkyrie (BRRR), Franklin Templeton (EZBC), WisdomTree (BTCW), and Hashdex (DEFI)—saw no flows.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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