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PiCK

US Spot-Bitcoin ETFs See $77.44 Million in Net Outflows for Third Straight Trading Day

Source
Suehyeon Lee

Summary

  • U.S. spot-Bitcoin ETFs posted total net outflows of $77.44 million.
  • The latest net outflows were led by $61.64 million from BlackRock's IBIT and $20.19 million from Fidelity's FBTC.
  • Grayscale's Mini BTC posted $4.39 million in net inflows, making it the only product with a positive flow.

Forecast Trend Report by Period

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Photo: Trader T
Photo: Trader T

U.S. spot-Bitcoin exchange-traded funds extended their losing streak.

The funds posted combined net outflows of $77.44 million on June 9, according to Trader T. It was the third straight trading day of net outflows.

BlackRock's IBIT led the withdrawals, with net outflows of $61.64 million.

Fidelity's FBTC also recorded net outflows, losing $20.19 million.

By contrast, Grayscale's Mini BTC was the only product to post net inflows, taking in $4.39 million. The remaining funds saw no net flows.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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