PiCK
US Spot-Bitcoin ETFs Post $469 Million of Net Outflows, Extending Streak to Five Days
Suehyeon Lee
Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds extended their stretch of net outflows.
Data from Trader T on June 25 showed the funds recorded combined net outflows of $469.05 million a day earlier. That marked a fifth consecutive trading day of net redemptions.
BlackRock's IBIT posted the biggest outflow at $239.27 million. Fidelity's FBTC lost $120.81 million, followed by Grayscale's GBTC with $54.34 million, Ark Invest's ARKB with $50.66 million and Bitwise's BITB with $27.53 million in net outflows.
By contrast, Grayscale Mini BTC recorded net inflows of $23.56 million. The remaining products had no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
