PiCK
US Spot Bitcoin ETFs See $64.84 Million in Net Outflows, Reversing After One Day
Summary
- The US spot Bitcoin ETF market recorded total net outflows of $64.84 million.
- Grayscale's GBTC posted net outflows of $124.01 million, making it the main driver of the market's overall net outflow.
- By contrast, BlackRock's IBIT, Morgan Stanley's MSBT, and Grayscale Mini BTC recorded net inflows.
Forecast Trend Report by Period
US spot Bitcoin exchange-traded funds returned to net outflows after just one trading day of inflows.
Data compiled by Trader T for June 15 showed total net outflows of $64.84 million from the US spot Bitcoin ETF market. The reversal came one session after the funds had switched back to net inflows.
Grayscale's GBTC led the outflows, with $124.01 million leaving the fund, making it the biggest driver of the market's overall net outflow. Fidelity's FBTC posted net outflows of $8.69 million, while Ark Invest's ARKB saw $6.63 million withdrawn. Franklin's EZBC recorded net outflows of $5.78 million, and VanEck's HODL lost $6.13 million.
BlackRock's IBIT, by contrast, posted net inflows of $66.45 million on the day. Morgan Stanley's MSBT took in $9.35 million, while Grayscale Mini BTC recorded net inflows of $10.6 million.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
