The Previous Day's Bitcoin (BTC) Spot ETF Sees 500 Billion KRW Net Outflow... Four Consecutive Trading Days

Source
JH Kim

Summary

  • It was reported that $340 million was net outflowed from the U.S. Bitcoin spot ETF for four consecutive trading days.
  • It was stated that $190 million was net outflowed from BlackRock's IBIT, marking the largest net outflow this year.
  • Meanwhile, it was reported that Bitwise saw a net inflow of $8.5 million.

According to Trader T (@thepfund) on the 25th (local time), a total of $340 million was net outflowed from the U.S. Bitcoin spot Exchange-Traded Fund (ETF) the previous day. This marks the fourth consecutive trading day of net outflows.

$190 million was net outflowed from BlackRock's IBIT. This is the largest net outflow since IBIT's launch in January this year.

Meanwhile, $75 million was net outflowed from ARK Invest's ARKB, and $83.16 million from Fidelity's FBTC. Bitwise saw a net inflow of $8.5 million.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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