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US Spot-Bitcoin ETFs Record $14.47 Million of Net Inflows

Source
Doohyun Hwang

Summary

  • All 12 U.S. spot-Bitcoin ETFs recorded combined net inflows of $14.47 million, marking a ninth straight trading day of inflows.
  • Most of the money was concentrated in BlackRock (IBIT) and Morgan Stanley (MSBT), which drew inflows of $22.9 million and $11.13 million, respectively.
  • ARK Invest (ARKB), Bitwise (BITB) and Fidelity (FBTC) posted net outflows of $9.02 million, $8.85 million and $1.69 million, respectively.

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Photo: Shutterstock
Photo: Shutterstock

U.S. spot-Bitcoin exchange-traded funds recorded more than $14 million in net inflows.

Data from Trader T showed the 12 U.S. spot-Bitcoin ETFs posted combined net inflows of $14.47 million on April 24, extending the streak of inflows to nine consecutive trading days.

Most of the inflows were concentrated in BlackRock and Morgan Stanley products. BlackRock's IBIT led with $22.9 million in inflows, followed by Morgan Stanley's MSBT with $11.13 million.

ARK Invest's ARKB, by contrast, posted net outflows of $9.02 million. Bitwise's BITB and Fidelity's FBTC also saw outflows of $8.85 million and $1.69 million, respectively. The remaining seven products recorded no net flows.

Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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