PiCK
US Spot-Bitcoin ETFs See $630.38 Million in Net Outflows, Most in Three Months
Suehyeon Lee
Summary
- US spot-Bitcoin ETFs posted their largest net outflow in three months.
- US spot-Bitcoin ETFs recorded $630.38 million in net outflows on May 13, extending withdrawals to a second straight trading day.
- The outflows came from BlackRock's IBIT, Ark Invest's ARKB, Fidelity's FBTC, and Bitwise's BITB.
Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds posted their largest net outflow in three months.
Trader T data showed $630.38 million was pulled from US spot-Bitcoin ETFs on May 13. The outflow extended the streak of net withdrawals to a second straight trading day and marked the biggest daily exodus in the past three months.
BlackRock's IBIT led the outflows, with $284.68 million leaving the fund in a single day. Ark Invest's ARKB saw net outflows of $177.10 million, followed by Fidelity's FBTC at $133.20 million and Bitwise's BITB at $35.40 million. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
