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US Spot-Bitcoin ETFs See $471.4 Million of Net Inflows in Biggest Haul Since Feb. 25

Source
Suehyeon Lee

Summary

  • Large inflows returned to the US spot-Bitcoin exchange-traded fund (ETF) market, signaling renewed institutional demand.
  • US Bitcoin ETF net inflows totaled $471.4 million on June 6, the largest daily inflow since Feb. 25.
  • BlackRock's IBIT, Fidelity's FBTC, and Ark Invest's ARKB led the main inflows by product.

Forecast Trend Report by Period

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Photo: Farside Investors
Photo: Farside Investors

Net inflows into US spot-Bitcoin exchange-traded funds surged, signaling a renewed pickup in institutional demand.

Farside Investors data showed US Bitcoin ETFs recorded total net inflows of $471.4 million on June 6, the largest daily inflow since Feb. 25.

BlackRock's IBIT led with $181.9 million of inflows. Fidelity's FBTC brought in $147.3 million, while Ark Invest's ARKB attracted $118.8 million.

Bitwise's BITB posted inflows of $3.8 million, VanEck's HODL added $2 million, and Grayscale's BTC drew $17.6 million. 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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