PiCK
US Spot-Bitcoin ETFs Post $213.84 Million of Net Outflows for Fourth Straight Session
Suehyeon Lee
Summary
- U.S. spot Bitcoin ETFs recorded total net outflows of $213.84 million, extending their streak of net withdrawals to four straight trading sessions.
- The outflows were led by BlackRock's IBIT, which posted $148.47 million in net outflows, and Grayscale's GBTC, which recorded $87.91 million.
- By contrast, Fidelity's FBTC, WisdomTree's BTCW, and Grayscale's Mini BTC posted limited net inflows.
Forecast Trend Report by Period
U.S. spot-Bitcoin exchange-traded funds extended their run of net outflows.
Data compiled by Trader T showed the funds posted combined net outflows of $213.84 million on June 10, marking a fourth consecutive trading session of withdrawals.
BlackRock's IBIT and Grayscale's GBTC led the outflows. IBIT recorded $148.47 million in net outflows, while GBTC posted $87.91 million.
A few funds still drew modest inflows. Fidelity's FBTC recorded net inflows of $4.04 million, WisdomTree's BTCW added $980,000, and Grayscale Mini BTC took in $17.52 million. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
