PiCK
US spot Bitcoin ETFs log $167 million in net inflows in a day, led by BlackRock
Suehyeon Lee
Summary
- The US spot Bitcoin ETF market recorded total net inflows of $167.46 million.
- BlackRock’s IBIT led inflows with $161.04 million in net inflows.
- ARK Invest’s ARKB and Grayscale’s GBTC saw net outflows of $9.41 million and $25.87 million, respectively.
Forecast Trend Report by Period
The US spot Bitcoin exchange-traded fund (ETF) market extended its run of net inflows.
According to Trader T on the 23rd (local time), spot Bitcoin ETFs posted total net inflows of $167.46 million, equivalent to 25.13 billion won.
BlackRock’s IBIT led the inflows. IBIT recorded $161.04 million in net inflows, accounting for most of the overall movement. Fidelity’s FBTC also drew $41.70 million, signaling resilient demand.
In contrast, some ETFs saw outflows. ARK Invest’s ARKB posted net outflows of $9.41 million, while $25.87 million exited Grayscale’s GBTC. The remaining products saw no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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