PiCK
US Spot-Bitcoin ETFs See $331.03 Million of Net Outflows, Extending Streak to Three Days
Suehyeon Lee
Summary
- U.S. spot-Bitcoin ETFs recorded net outflows of $331.03 million.
- The net outflow streak has now reached three consecutive trading days.
- Most of the latest outflows came from BlackRock's IBIT, Fidelity's FBTC, and Valkyrie's BRRR.
Forecast Trend Report by Period
U.S. spot-Bitcoin exchange-traded funds extended their stretch of net outflows.
U.S. spot-Bitcoin ETFs posted total net outflows of $331.03 million on May 19, according to Trader T. It was the third straight trading day of net withdrawals.
Most of the outflows came from BlackRock's IBIT, which lost about $325.57 million in a single day. Fidelity's FBTC recorded net outflows of about $1.67 million, while Valkyrie's BRRR posted net outflows of about $3.79 million.
The remaining products recorded no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
