Editor's PiCK

US Bitcoin Spot ETF Sees $415.1 Million Outflow for Two Consecutive Trading Days

Source
Suehyeon Lee

Summary

  • The US Bitcoin spot ETF reported a net outflow of $415.1 million for two consecutive trading days.
  • Major ETFs, BlackRock IBIT and Fidelity FBTC, recorded net outflows of $36.46 million and $154.64 million, respectively.
  • Grayscale GBTC and Mini BTC showed net outflows of $134.50 million and $31.73 million, respectively.
Image=Trader T
Image=Trader T

The US Bitcoin (BTC) spot ETF continued its outflow trend, recording an outflow of over $400 million the previous day.

According to Trader T on the 31st (local time), the US Bitcoin spot ETF saw a net outflow of $415.1 million the previous day. This marks the second consecutive trading day of net outflows.

Specifically, BlackRock IBIT and Fidelity FBTC recorded net outflows of $36.46 million and $154.64 million, respectively, on this day. Additionally, Bitwise BITB and ARK Invest ARKB showed net outflows of $31.37 million and $26.40 million, respectively.

Grayscale GBTC and Mini BTC also recorded net outflows of $134.50 million and $31.73 million, respectively. There were no net inflows or outflows for the remaining products.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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