Summary
- The US spot-Bitcoin ETF market shifted to net inflows of $2.69 million, ending 13 straight trading days of net outflows.
- BlackRock's IBIT drew $47.3 million and Morgan Stanley's MSBT took in $9.87 million in net inflows, a positive sign after a prolonged stretch of withdrawals.
- By contrast, ARKB, BITB, BTCO and FBTC extended net outflows, while GBTC, BTC, HODL and EZBC saw no change in flows.
Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds posted net inflows on June 4, ending a 13-trading-day stretch of outflows.
Data from Trader T showed the US spot-Bitcoin ETF market recorded total net inflows of $2.69 million that day. While the amount was modest, it marked a turn back to net inflows after roughly two weeks of withdrawals.
BlackRock's IBIT led gains with $47.3 million of net inflows, while Morgan Stanley's MSBT added $9.87 million.
Ark Invest's ARKB posted net outflows of $20.72 million. Bitwise's BITB saw $15.57 million of outflows, followed by Invesco's BTCO at $12.65 million and Fidelity's FBTC at $5.54 million.
Grayscale's GBTC and BTC recorded no flow changes on the day. Other ETFs, including VanEck's HODL and Franklin Templeton's EZBC, also saw no net inflows or outflows.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
