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PiCK

US Spot Bitcoin ETFs Post $30.27 Million of Net Inflows

Source
Doohyun Hwang

Summary

  • The US spot Bitcoin ETF market posted net inflows for a second straight trading day.
  • On June 11, the 12 US spot Bitcoin ETFs recorded combined net inflows of $30.27 million.
  • BlackRock's IBIT alone drew $30.27 million, while the other funds, GBTC, and Grayscale Mini Bitcoin ETF (BTC) saw no change.

Forecast Trend Report by Period

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Photo: Trader T
Photo: Trader T

US spot Bitcoin exchange-traded funds posted net inflows for a second straight trading day.

Data from Trader T showed the 12 US spot Bitcoin ETFs took in a combined $30.27 million on June 11.

BlackRock's IBIT accounted for all of the inflows, drawing $30.27 million. That matched the day's total net inflow for the entire US spot Bitcoin ETF market.

The other 11 funds saw no inflows or outflows. Major products including Fidelity's FBTC, Bitwise's BITB, Ark Invest's ARKB, Invesco's BTCO, Franklin Templeton's EZBC, Valkyrie's BRRR, VanEck's HODL, WisdomTree's BTCW and Morgan Stanley's MSBT were all unchanged.

Grayscale's GBTC, which had seen persistent outflows, and Grayscale Mini Bitcoin ETF, BTC, also recorded no changes in fund flows that day.

Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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