Summary
- It was reported that the US Bitcoin spot ETF experienced a net outflow of $148.88 million.
- BlackRock IBIT was identified as the main cause of the outflow, while other Bitcoin spot ETFs recorded net inflows.
- It was added that the Bitcoin price rose by 0.7% in the Binance Tether market within a day.
The US Bitcoin spot ETF experienced a net outflow for two consecutive days.
According to data from Trader T on the 10th (local time), the Bitcoin spot ETF traded in the US recorded a net outflow of $148.88 million. This marks the second consecutive day following the 8th.
This net outflow is attributed to a large-scale outflow (-$183.10 million) from BlackRock IBIT. Excluding BlackRock and Bitwise BITB (-$1.55 million), all Bitcoin spot ETFs recorded net inflows.
Meanwhile, Bitcoin is trading at around $94,100 on the Binance Tether (USDT) market, up approximately 0.7% from the previous day.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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