Editor's PiCK

US Bitcoin Spot ETF Sees $978.29 Million Inflows Yesterday, Fifth Largest Ever

Source
Suehyeon Lee

Summary

  • It was announced that the US Bitcoin spot ETF saw an inflow of $978.29 million, marking the fifth largest in history.
  • It was reported that $370.24 million and $208.71 million were respectively flowed into Fidelity's FBTC and BlackRock's IBIT.
  • Funds are flowing into various ETFs such as ARK Invest's ARKB, Bitwise's BITB, and Franklin Templeton's EZBC.
Image=Trader T
Image=Trader T

It was revealed that over $9 billion flowed into the US Bitcoin (BTC) spot ETF yesterday.

According to Trader T on the 7th (local time), the US Bitcoin spot ETF recorded a total inflow of $978.29 million (approximately 1.423 trillion won) the previous day. This marks the fifth largest inflow in the history of Bitcoin spot ETF launches.

On this day, $370.24 million and $208.71 million were respectively flowed into Fidelity's FBTC and BlackRock's IBIT, while ARK Invest's ARKB saw an inflow of $152.92 million.

Additionally, Bitwise's BITB received $71.19 million, Franklin Templeton's EZBC $8.88 million, Grayscale Mini Bitcoin Trust $75.23 million, Grayscale GBTC $73.79 million, and VanEck's HODL $17.33 million. Other products had no net inflows or outflows.

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Suehyeon Lee

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