PiCK
US Spot-Bitcoin ETFs Draw $238.37 Million, Extending Inflow Streak to Five Trading Days
Suehyeon Lee
Summary
- The US spot-Bitcoin ETF market extended its net inflow streak, continuing to attract institutional money.
- On April 20, US spot-Bitcoin ETFs posted total net inflows of $238.37 million, marking five straight trading days of net inflows.
- BlackRock's IBIT led overall inflows with $256.05 million, while Fidelity's FBTC and Grayscale's GBTC posted net outflows.
Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds extended their run of net inflows, underscoring continued institutional demand.
US spot-Bitcoin ETFs recorded net inflows of $238.37 million on April 20, according to Trader T. That marked a fifth straight trading day of net inflows.
BlackRock's IBIT led the gains, drawing in $256.05 million. Morgan Stanley's MSBT posted net inflows of $8.1 million, while Valkyrie's BRRR added $5.81 million.
Some products posted net outflows. Fidelity's FBTC recorded outflows of $6.65 million, while Grayscale's GBTC saw $24.94 million leave the fund. The remaining products were unchanged.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
