US Bitcoin Spot ETF, $272.3 Million Net Inflow

Source
Uk Jin

Summary

  • The Bitcoin spot ETF reported a net inflow of $272.3 million despite the decline in Bitcoin.
  • BlackRock IBIT stood out in the ETF market with a total net inflow of $356.6 million.
  • Four funds, including Grayscale GBTC, reported a total net outflow.

Despite the decline in Bitcoin (BTC) on this day, the Bitcoin spot Exchange-Traded Fund (ETF) continued to see net inflows.

According to Farside Investor and Trinews on the 18th (local time), the Bitcoin ETF recorded a total net inflow of $272.3 million on this day.

The only fund product that recorded a net inflow on this day was BlackRock IBIT, which saw a net inflow of $356.6 million.

On the other hand, a total of four funds experienced net outflows on this day. In order of scale, they were Grayscale GBTC (-$35.9 million), Invesco Galaxy BTCO (-$25.2 million), Bitwise BITB (-$16.6 million), and ARK Investment ARKB (-$6.6 million).

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Uk Jin

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