US Bitcoin Spot ETF Sees $486 Million Inflow

Source
Uk Jin

Summary

  • The US Bitcoin spot ETF reported a total net inflow of $486.1 million.
  • BlackRock IBIT led the market with a net inflow of $733.6 million.
  • It was noted that Fidelity FBTC and Grayscale GBTC recorded net outflows.

The US Bitcoin (BTC) spot Exchange-Traded Fund (ETF) continued to see inflows.

On the 17th (local time), according to Farside Investor and Trinews, a total of $486.1 million was net inflowed into Bitcoin spot ETFs on that day.

The products that recorded net inflows were three: BlackRock IBIT, VanEck HODL, and Grayscale BTC. Among them, BlackRock IBIT led the market with a solo net inflow of $733.6 million.

On the other hand, Fidelity FBTC (-$128.2 million), Grayscale GBTC (-$84.7 million), Bitwise BITB (-$24.4 million), and ARK Invest ARKB (-$17 million) recorded net outflows.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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