PiCK
US Spot-Bitcoin ETFs Log $11.83 Million of Inflows, Extending Streak to Six Sessions
Summary
- The US spot-Bitcoin ETF market recorded net inflows of $11.83 million, extending its inflow streak to six straight trading sessions.
- BlackRock's IBIT, Morgan Stanley's MSBT, and Grayscale Bitcoin Mini Trust (BTC) posted net inflows of $39.32 million, $10.8 million, and $17.26 million, respectively.
- By contrast, Grayscale's GBTC, Ark's ARKB, Bitwise's BITB, Fidelity's FBTC, and VanEck's HODL posted net outflows.
Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds posted a modest net inflow, extending their streak of gains to six straight trading sessions.
Trader T data showed US spot-Bitcoin ETFs recorded net inflows of $11.83 million on April 21. That marked the sixth consecutive trading day of net inflows.
BlackRock's IBIT led the group with $39.32 million of net inflows. Morgan Stanley's MSBT drew $10.8 million, while Grayscale Bitcoin Mini Trust (BTC) added $17.26 million.
Some products posted outflows. Grayscale's GBTC saw net outflows of $17.51 million, Ark's ARKB lost $14.52 million, and Bitwise's BITB shed $12.7 million. Fidelity's FBTC posted net outflows of $6.55 million, and VanEck's HODL recorded outflows of $4.27 million. The remaining products were flat.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
