Editor's PiCK

700 Billion Won Inflow into Bitcoin ETF... Reversal in 5 Trading Days

Source
JOON HYOUNG LEE

Summary

  • It was reported that approximately 700 billion won was net inflow into the Bitcoin spot ETF in the United States.
  • This marks a reversal to net inflow after 5 trading days, following four consecutive days of net outflows.
  • It was reported that major ETF products such as Fidelity Bitcoin ETF, BlackRock Bitcoin ETF, and ARK Bitcoin ETF saw significant inflows.

Approximately 700 billion won has flowed into the Bitcoin (BTC) spot ETF traded in the United States.

According to Farside Investors and others on the 27th, about $475 million (approximately 703 billion won) was net inflow into the U.S. Bitcoin spot ETF on the 26th (local time). This marks a reversal to net inflow after 5 trading days. Previously, the Bitcoin ETF recorded net outflows for four consecutive trading days until the 24th.

Specifically, on the 26th, $254.37 million was net inflow into Fidelity Bitcoin ETF alone. Additionally, $56.5 million flowed into BlackRock Bitcoin ETF, and $186.94 million into ARK Bitcoin ETF. Grayscale Bitcoin Trust saw a net outflow of $24.23 million.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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