Summary
- Spot Bitcoin ETFs recorded total net outflows of $1.4156 billion this week.
- Major funds including BlackRock's IBIT, Fidelity's FBTC and Grayscale's GBTC posted large outflows.
- Bitcoin was trading at $73,433, down 1.53%% from a week earlier, amid net outflows from spot Bitcoin ETFs.
Spot Bitcoin exchange-traded funds posted heavy net outflows this week.
Data from Farside Investors showed spot Bitcoin ETFs recorded total net outflows of $1.4156 billion for the week as of May 30.
BlackRock's IBIT posted the largest outflow at $966.3 million. Fidelity's FBTC saw $169.1 million in net outflows, while Grayscale's GBTC recorded $175.2 million in withdrawals.
Bitwise's BITB posted net outflows of $46.3 million, and Ark Invest's ARKB saw $24.7 million leave the fund. Invesco's BTCO, Franklin's EZBC, Valkyrie's BRRR, VanEck's HODL and WisdomTree's BTCW recorded no weekly inflows or outflows.
Amid the net outflows from spot Bitcoin ETFs, Bitcoin was trading at $73,433, down 1.53% from a week earlier.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
