US Bitcoin ETF sees net inflow of $755 million... equivalent to 1.1 trillion won

Source
JOON HYOUNG LEE

Summary

  • It was reported that approximately $755 million was net inflowed into US Bitcoin spot ETFs.
  • Funds were concentrated into major ETFs such as Fidelity's FBTC.
  • The shift to net inflow compared to earlier this month indicates a restoration of investor confidence.

According to the X account 'Trader T', which tracks cryptocurrency fund flows in the United States, there was a net inflow of $754.77 million (approximately 1.1 trillion won) into US Bitcoin spot ETFs on the 15th. This marks a shift to net inflow for the first time in about ten days since the 7th of this month.

Specifically, Fidelity's FBTC alone saw a net inflow of $463.10 million. Additionally, Ark Invest's ARKB received $138.81 million, Grayscale's GBTC $50.54 million, and BlackRock's IBIT $31.59 million. No ETFs recorded net outflows.

publisher img

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
What did you think of the article you just read?