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U.S. spot Bitcoin ETFs see net inflows of $8.99 million

Source
Doohyun Hwang

Summary

  • The U.S. spot Bitcoin ETF market rebounded, posting net inflows of $8.99 million.
  • While BlackRock’s IBIT saw about $3.04 million in outflows, Fidelity’s FBTC recorded net inflows of $7.29 million.
  • VanEck’s HODL attracted $4.74 million, while GBTC, BITB, and ARKB saw no additional inflows or outflows.

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The U.S. spot Bitcoin ETF market rebounded, posting modest net inflows.

According to Sosovalue on the 2nd (local time), the 12 spot Bitcoin ETFs in the U.S. recorded total net inflows of $8.99 million on the day. It marked a return to net inflows after just one day.

BlackRock’s 'iShares Bitcoin Trust (IBIT)' saw about $3.04 million exit over the day. Fidelity’s 'Fidelity Wise Origin Bitcoin Fund (FBTC)' posted net inflows of $7.29 million. VanEck’s 'VanEck Bitcoin Trust (HODL)' also attracted $4.74 million.

Meanwhile, other major ETFs—including Grayscale’s GBTC as well as Bitwise (BITB) and Ark 21Shares (ARKB)—saw no additional inflows or outflows.

Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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