PiCK
US Spot-Bitcoin ETFs Post $263.2 Million of Net Outflows, Ending 10-Day Inflow Streak
Suehyeon Lee
Summary
- U.S. spot-Bitcoin (BTC) ETFs recorded net outflows of $263.2 million in a single day.
- The outflows were concentrated in ETFs managed by major issuers, with Fidelity's FBTC posting the largest net outflow at $150.4 million.
- Grayscale's GBTC, Ark Invest's ARKB, VanEck's HODL, and Bitwise's BITB also recorded net outflows.
Forecast Trend Report by Period
U.S. spot-Bitcoin exchange-traded funds posted more than $200 million of net outflows in a single day.
Farside Investors data showed the funds recorded total net outflows of $263.2 million on April 27.
The withdrawals were concentrated in ETFs managed by major issuers. Fidelity's FBTC led the outflows with $150.4 million, followed by Grayscale's GBTC with $46.6 million.
Ark Invest's ARKB posted net outflows of $43.3 million, while VanEck's HODL saw $14.1 million leave and Bitwise's BITB recorded $8.8 million of net outflows. The remaining products saw no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
