Editor's PiCK
US Bitcoin Spot ETF Sees Net Outflow of Approximately $457.95 Million, Fifth Largest Ever
Suehyeon Lee
Summary
- The US Bitcoin Spot ETF reported a net outflow of $457.95 million, marking the fifth largest ever.
- On this day, BlackRock IBIT was notable for being the only one to record a net inflow of $63.47 million.
- Most major ETFs recorded fund outflows, with Fidelity FBTC experiencing the largest net outflow.
The US Bitcoin (BTC) Spot ETF recorded a net outflow of over $400 million the previous day.
On the 28th (local time), according to Trader T, the US Bitcoin Spot ETF saw a net outflow of $457.95 million (approximately 661 billion KRW) the previous day. This marks the fifth largest outflow since trading began.
Meanwhile, BlackRock IBIT added $63.47 million, making it the only product to record a net inflow. Fidelity FBTC experienced the largest net outflow with $268.59 million, followed by Grayscale GBTC with a net outflow of $108.47 million.
Additionally, Bitwise BITB recorded a net outflow of $88.57 million, ARK Invest ARKB $50.11 million, and VanEck HODL $5.68 million. Other products had no net inflow or outflow.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
