Editor's PiCK

US Bitcoin spot ETFs record net outflow of $156.78M... 4th consecutive trading day

Source
Suehyeon Lee

Summary

  • U.S. Bitcoin spot ETFs reported continued outflows with net outflows of $156.78 million for four consecutive trading days.
  • Major products including Fidelity, ARK Investment, and Bitwise experienced significant capital outflows.
  • Only BlackRock's IBIT recorded a net inflow of $26.12 million, contrasting with other products.
Photo=TraderT
Photo=TraderT

U.S. Bitcoin (BTC) spot ETFs are showing intensifying outflows as they recorded another day of net capital outflows.

According to TraderT on the 14th (local time), Bitcoin spot ETFs recorded a net outflow of $156.78 million (226.3 billion won) the previous day. This marks the fourth consecutive trading day of net outflows.

Fidelity's FBTC saw a net outflow of $94.46 million, ARK Investment's ARKB $52.73 million, Bitwise's BITB $15.69 million, Franklin Templeton's EZBC $8.35 million, Invesco's BTCO $4.81 million, and Grayscale's GBTC $6.86 million. In contrast, only BlackRock's IBIT recorded a net inflow of $26.12 million, while other products showed no net movement.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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