Editor's PiCK

US Bitcoin ETF sees $250 million outflow the previous day... for three consecutive trading days

Source
JOON HYOUNG LEE

Summary

  • It was reported that there was a large-scale net outflow from the US Bitcoin Spot ETF for three consecutive trading days.
  • It was reported that millions of dollars were net outflowed from the ETFs of BlackRock, Fidelity, Bitwise, and ARK Investment.
  • It was reported that Grayscale Mini BTC Trust saw a net inflow of $16.34 million.

The United States Bitcoin (BTC) Spot Exchange-Traded Fund (ETF) recorded net outflows for three consecutive trading days.

According to the virtual asset fund flow tracking X account, Trader T, on the 13th, there was a net outflow of $250.96 million (approximately 360 billion KRW) from the US Bitcoin Spot ETF the previous day (12th). This marks the third consecutive trading day of net outflows.

Specifically, there was a net outflow of $22.04 million from BlackRock IBIT, $101.97 million from Fidelity FBTC, $25.94 million from Bitwise BITB, and $97.03 million from ARK Investment ARKB. On the other hand, Grayscale Mini BTC Trust saw a net inflow of $16.34 million.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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