Summary
- It was reported that the US Bitcoin spot ETF recorded a net inflow of $622.26 million for two consecutive days.
- In particular, BlackRock's IBIT recorded the largest net inflow with $523.98 million.
- The price of Bitcoin showed an upward trend due to continuous fund inflows, surpassing $102,000.
The US Bitcoin (BTC) spot ETF recorded a net inflow for two consecutive days.
According to TradeT data on the 16th (local time), Bitcoin spot ETFs traded in the United States saw a total inflow of $622.26 million.
BlackRock's IBIT recorded the largest net inflow with $523.98 million, followed by Ark Invest's ARKB ($155.44 million), VanEck's HODL ($5.68 million), Fidelity's FBTC ($4.39 million), and Bitwise's BITB ($2.74 million).
The price of Bitcoin turned upward thanks to the inflow of funds for two consecutive trading days. On this day, Bitcoin rose approximately 1.7% compared to the previous day in the Binance Tether (USDT) market, surpassing $102,000. It has been 10 days since Bitcoin crossed the $102,000 mark.
Doohyun Hwang
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