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US spot Bitcoin ETFs see $66m in net outflows… institutional flows slow

Source
YM Lee

Summary

  • US spot Bitcoin ETFs saw net outflows totaling $66.71 million.
  • Fidelity’s FBTC recorded the largest outflow at $45.35 million.
  • Some ETFs, including ARK’s ARKB and Invesco’s BTCO, were reported to have seen no inflows or outflows.

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Photo=Trader T
Photo=Trader T

US spot Bitcoin ETFs recorded net outflows.

Data compiled by Trader T as of the 24th (local time) showed total net outflows from spot Bitcoin ETFs at $66.71 million.

By fund, Fidelity’s FBTC posted the largest outflow at $45.35 million. It was followed by Bitwise’s BITB with $16.60 million and BlackRock’s IBIT with $4.76 million.

In contrast, ARK’s ARKB, Invesco’s BTCO, Franklin Templeton’s EZBC, Valkyrie’s BRRR, VanEck’s HODL, WisdomTree’s BTCW, and Grayscale’s GBTC and BTC Mini ETF were reported to have seen no inflows or outflows.

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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