PiCK
US Spot-Bitcoin ETFs Post $89.65 Million of Outflows, Extending Streak to Two Sessions
Suehyeon Lee
Summary
- U.S. spot-Bitcoin ETFs recorded $89.65 million in net outflows in a single day, marking a second straight trading day of net outflows.
- Net outflows totaled $112.22 million from BlackRock's IBIT, $4.98 million from Fidelity's FBTC, and $13.65 million from Bitwise's BITB.
- Ark Invest's ARKB posted $41.2 million in net inflows, while the remaining products recorded no net flows.
Forecast Trend Report by Period
U.S. spot-Bitcoin exchange-traded funds saw about $90 million leave the products in a single day.
Data from Trader T showed U.S. spot-Bitcoin ETFs recorded net outflows of $89.65 million on April 28, extending net withdrawals to a second straight trading session.
BlackRock's IBIT led the outflows with $112.22 million. Fidelity's FBTC lost $4.98 million, while Bitwise's BITB posted net outflows of $13.65 million.
Ark Invest's ARKB bucked the trend with net inflows of $41.2 million. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
