PiCK
US Spot-Bitcoin ETFs Post $222.6 Million Net Outflow for Ninth Straight Session
Suehyeon Lee
Summary
- US spot-Bitcoin exchange-traded funds (ETFs) recorded net outflows of $222.6 million in a single day.
- It was the ninth straight trading session of net outflows, with a total of $222.6 million leaving US spot-Bitcoin ETFs.
- BlackRock's IBIT saw $212.4 million in net outflows, while Fidelity's FBTC posted $10.2 million in net outflows. The remaining products recorded no net flows.
Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds recorded more than $200 million in net outflows in a single day.
Farside Investors data showed US spot-Bitcoin ETFs posted total net outflows of $222.6 million on June 30. It was the ninth straight trading session of net withdrawals.
BlackRock's IBIT accounted for most of the outflow, with $212.4 million leaving the fund. Fidelity's FBTC posted net outflows of $10.2 million. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.