PiCK

US Spot-Bitcoin ETFs Draw $45.85 Million, Marking Fifth Straight Day of Inflows

Source
Suehyeon Lee

Summary

  • US spot-Bitcoin ETFs recorded total net inflows of $45.85 million on May 6.
  • That marked five consecutive trading days of net inflows.
  • BlackRock's IBIT led the overall trend with $134.13 million in inflows.

Forecast Trend Report by Period

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Photo: Trader T
Photo: Trader T

US spot-Bitcoin exchange-traded funds extended their streak of net inflows.

The funds recorded combined net inflows of $45.85 million on May 6, according to Trader T. It was the fifth consecutive trading day of net inflows.

BlackRock's IBIT led the gains with $134.13 million in net inflows. Fidelity's FBTC posted net outflows of $38.95 million, while Bitwise's BITB saw $25.18 million in net outflows.

Franklin's EZBC also recorded $7.05 million in net outflows, and Grayscale's GBTC posted net outflows of $17.10 million. The remaining products saw no net inflows or outflows.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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