PiCK
US Spot-Bitcoin ETFs See $137.75 Million in Net Outflows for Third Straight Session
Suehyeon Lee
Summary
- U.S. spot-Bitcoin ETFs recorded total net outflows of $137.75 million, extending their streak of withdrawals to three straight trading sessions.
- BlackRock’s IBIT, Fidelity’s FBTC, Ark Invest’s ARKB, Grayscale’s GBTC, and Franklin Templeton’s EZBC led the outflows as funds exited each product.
- By contrast, Morgan Stanley’s MSBT posted net inflows of $10.81 million, while the remaining products recorded no net flows.
Forecast Trend Report by Period
U.S. spot-Bitcoin exchange-traded funds extended their streak of outflows.
Data from Trader T showed the funds recorded net outflows of $137.75 million on April 29, marking a third consecutive trading session of withdrawals.
BlackRock’s IBIT led the outflows with $54.7 million, followed by Fidelity’s FBTC with $36.13 million. Ark Invest’s ARKB posted net outflows of $30.04 million, while Grayscale’s GBTC lost $21.15 million and Franklin Templeton’s EZBC shed $6.54 million.
Morgan Stanley’s MSBT, by contrast, posted net inflows of $10.81 million. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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