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PiCK

US Spot-Bitcoin ETFs Post $113.79 Million of Net Outflows for Fourth Straight Session

Source
Suehyeon Lee

Summary

  • The US spot-Bitcoin ETF market posted total net outflows of $113.79 million, extending its streak of outflows to four straight trading sessions.
  • The latest outflows were driven largely by BlackRock’s IBIT, which saw $182.01 million leave the fund.
  • By contrast, net inflows were recorded in Fidelity’s FBTC, Ark Invest’s ARKB, VanEck’s HODL, and Morgan Stanley’s MSBT.

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Photo: Trader T
Photo: Trader T

US spot-Bitcoin exchange-traded funds recorded net outflows for a fourth straight trading session.

Data compiled by Trader T showed the US spot-Bitcoin ETF market posted total net outflows of $113.79 million on June 23.

BlackRock’s IBIT accounted for the bulk of the withdrawals, with $182.01 million leaving the fund.

Some products still attracted inflows. Fidelity’s FBTC took in $23.04 million, while Ark Invest’s ARKB added $30.98 million. VanEck’s HODL and Morgan Stanley’s MSBT also posted net inflows of $5.28 million and $8.92 million, respectively. The remaining funds recorded no net flows.

#ETF
Suehyeon Lee

Suehyeon Lee

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