PiCK

US Spot-Bitcoin ETFs Take In $27.25 Million, Led by Morgan Stanley’s MSBT

Source

Suehyeon Lee

Summary

US spot-Bitcoin ETFs recorded $27.25 million in net inflows, ending their recent stretch of net outflows.
Morgan Stanley’s MSBT led overall spot-Bitcoin ETF flows with $26.3 million in inflows.
BlackRock’s IBIT posted $7.45 million in net outflows, while Fidelity’s FBTC saw $3.57 million in net outflows.

Forecast Trend Report by Period

US spot-Bitcoin exchange-traded funds recorded net inflows of more than $20 million, snapping a recent stretch of outflows.

Data compiled by Trader T showed the funds took in a combined $27.25 million on May 11, reversing course after two consecutive trading days of net outflows.

Morgan Stanley’s MSBT led the inflows with $26.3 million. Invesco’s BTCO attracted $7.34 million, while VanEck’s HODL added $4.63 million.

BlackRock’s IBIT posted net outflows of $7.45 million, and Fidelity’s FBTC saw $3.57 million leave the fund. The remaining products were unchanged.

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