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US Spot Bitcoin ETFs Extend Inflow Streak to Three Days as Assets Near $100 Billion

Source
Doohyun Hwang

Summary

  • The US spot Bitcoin ETF market posted net inflows for a third straight trading day, with total assets under management (AUM) nearing $100 billion.
  • Cumulative net inflows into US spot Bitcoin ETFs reached $57.08 billion, while total net assets (Total Net Assets) stood at $97.9 billion.
  • Among individual ETFs, BlackRock's IBIT posted $81.71 million in net inflows, while net outflows were recorded at Fidelity's FBTC, Ark Invest and 21Shares' ARKB, and Grayscale's GBTC.

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Photo: Shutterstock
Photo: Shutterstock

US spot Bitcoin exchange-traded funds posted net inflows for a third straight trading day, with total assets edging closer to $100 billion.

Data from SoSoValue showed the 13 US spot Bitcoin ETFs attracted a combined $26.05 million in net inflows as of June 16.

Cumulative net inflows into US spot Bitcoin ETFs reached $57.08 billion by that date. Total net assets stood at $97.9 billion, putting the group within reach of the $100 billion mark.

BlackRock's IBIT led the gains with $81.71 million in net inflows. Grayscale's mini trust BTC followed with $16.67 million, while Morgan Stanley's MSBT drew $13.36 million.

Fidelity's FBTC recorded net outflows of $35.99 million. Ark Invest and 21Shares' ARKB posted outflows of $27.41 million, and Grayscale's GBTC saw $22.28 million leave the fund.

Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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