PiCK

US spot Bitcoin ETFs see about $200 million in net inflows…six straight sessions

Source
Suehyeon Lee

Summary

  • Total net inflows into US spot Bitcoin ETFs were tallied at about $199.19 million, marking a sixth consecutive session of net inflows.
  • Inflows were driven by BlackRock’s IBIT with $139.05 million and Fidelity’s FBTC with $64.53 million, it said.
  • Meanwhile, ARK Invest’s ARKB and VanEck’s HODL saw net outflows of $3.07 million and $6.28 million, respectively, it added.

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Photo=TraderT
Photo=TraderT

About $200 million flowed into US spot Bitcoin exchange-traded funds (ETFs).

According to TraderT on the 16th (local time), total net inflows into spot Bitcoin ETFs came to $199.19 million (about KRW 297.0 billion) on the day. That marked net inflows for a sixth consecutive session.

Inflows were led by products from BlackRock and Fidelity. BlackRock’s IBIT posted net inflows of $139.05 million, while Fidelity’s FBTC saw $64.53 million. In addition, Bitwise (BITB) and Franklin Templeton (EZBC) recorded inflows of $2.82 million and $2.14 million, respectively.

By contrast, ARK Invest’s ARKB and VanEck’s HODL saw net outflows of $3.07 million and $6.28 million, respectively. The remaining products recorded no net flows.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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