PiCK

US Spot Bitcoin ETFs See $304.9 Million of Net Inflows

Source
Doohyun Hwang

Summary

  • More than $300 million flowed into the US spot Bitcoin ETF market in a single day.
  • The 12 US spot Bitcoin ETFs recorded combined net inflows of about $304.9 million.
  • BlackRock's IBIT posted net inflows of $269.37 million, while Fidelity's FBTC and others recorded zero inflows.

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Photo: Shutterstock
Photo: Shutterstock

More than $300 million flowed into the US spot Bitcoin ETF market in a single day.

Data from Trader T showed the 12 spot Bitcoin ETFs trading in the US recorded combined net inflows of about $304.9 million on April 9.

BlackRock's IBIT led with net inflows of $269.37 million. Morgan Stanley's MSBT drew $14.9 million, while Bitwise's BITB and Ark Invest's ARKB posted inflows of $11.73 million and $4.78 million, respectively.

By contrast, Fidelity's FBTC, Invesco's BTCO and Valkyrie's BRRR were flat, with zero inflows.

Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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