PiCK
US Spot-Bitcoin ETFs Take In $467.38 Million, Extending Inflow Streak to Four Days
Suehyeon Lee
Summary
- Net inflows continued in the US spot-Bitcoin ETF market, signaling improved investor sentiment.
- On May 5, spot-Bitcoin ETFs recorded total net inflows of $467.38 million, extending the streak to four consecutive trading days.
- Large inflows went into BlackRock's IBIT, Fidelity's FBTC, Ark Invest's ARKB, and Bitwise's BITB, while VanEck's HODL and Grayscale's GBTC posted net outflows.
Forecast Trend Report by Period
Net inflows continued in the US spot-Bitcoin exchange-traded fund market, signaling improved investor sentiment.
Data from Trader T showed that US spot-Bitcoin ETFs recorded total net inflows of $467.38 million on May 5, extending their inflow streak to four consecutive trading days.
BlackRock's IBIT led the gains with $251.45 million of net inflows, followed by Fidelity's FBTC with $133.20 million. Ark Invest's ARKB drew $92.28 million, while Bitwise's BITB added $14.62 million.
Some products posted outflows. VanEck's HODL saw net outflows of $5.77 million, while Grayscale's GBTC recorded net outflows of $18.40 million. The remaining products saw no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
