Summary
- Thirteen U.S. spot-Bitcoin ETFs recorded total net outflows of $265.37 million.
- BlackRock's IBIT shed $122.66 million, accounting for nearly half of the total outflows.
- Five ETFs, including Fidelity's FBTC, Grayscale's GBTC, Bitwise's BITB and ARK 21Shares' ARKB, recorded net outflows.
Forecast Trend Report by Period
U.S. spot-Bitcoin exchange-traded funds posted more than $260 million in net outflows.
The 13 U.S.-listed spot-Bitcoin ETFs recorded combined net outflows of $265.37 million on Aug. 31, according to crypto data platform SoSoValue.
BlackRock's IBIT led the declines, with $122.66 million leaving the fund in a single day, nearly half of the total.
Fidelity's FBTC saw net outflows of $54.78 million, while Grayscale's GBTC posted net withdrawals of $52.63 million. Bitwise's BITB and ARK 21Shares' ARKB also logged net outflows of $17.77 million and $17.54 million, respectively, bringing the total number of ETFs with outflows to five.
The remaining eight products, including Grayscale Bitcoin Mini Trust BTC, VanEck's HODL and Morgan Stanley's MSBT, recorded no inflows or outflows.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀