PiCK
US Spot Bitcoin ETFs See $325.66 Million in One-Day Outflows, Led by BlackRock
Suehyeon Lee
Summary
- U.S. spot Bitcoin ETFs returned to $325.66 million in net outflows after just one day of net inflows.
- The outflows were led by BlackRock's IBIT, which saw $213.63 million leave the fund.
- By contrast, Morgan Stanley's MSBT and VanEck's HODL recorded $4.28 million and $4.22 million in net inflows, respectively.
Forecast Trend Report by Period
U.S. spot Bitcoin exchange-traded funds returned to net outflows after just one day of net inflows.
The funds recorded total net outflows of $325.66 million on June 5, according to Trader T.
BlackRock's IBIT led the outflows, with $213.63 million leaving the fund in a single day.
Fidelity's FBTC posted net outflows of $59.69 million, while Grayscale's GBTC saw $60.84 million in outflows.
By contrast, Morgan Stanley's MSBT recorded net inflows of $4.28 million and VanEck's HODL posted net inflows of $4.22 million. The remaining products saw no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
