Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds posted net outflows for a seventh straight trading session, underscoring weaker investor sentiment.
Data from SoSoValue showed the 13 US-listed spot-Bitcoin ETFs recorded combined net outflows of $444.51 million on June 26. That extended the run of net withdrawals to seven consecutive trading sessions since June 17.
Outflows have accelerated in recent days, reaching $68.18 million on June 22, $113.78 million on June 23, $469.08 million on June 24 and $696.29 million on June 25.
All of the day's outflows came from BlackRock's IBIT, which shed $444.51 million.
The other 12 spot-Bitcoin ETFs, including Fidelity's FBTC, Grayscale's GBTC and BTC Mini Trust, Bitwise's BITB and ARK Invest and 21Shares' ARKB, recorded no net inflows or outflows.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀