Editor's PiCK

US Bitcoin Spot ETFs Record Net Outflow of $64.1M, Marking Second Consecutive Day of Outflows

Source
Suehyeon Lee

Summary

  • U.S. Bitcoin spot ETFs reported a net outflow of $64.1 million.
  • This marks two consecutive trading days of net outflows.
  • Major ETFs including Fidelity's FBTC experienced significant fund outflows.
Image=Parsight Investor Capture
Image=Parsight Investor Capture

U.S. Bitcoin (BTC) spot ETFs recorded a net outflow exceeding $60 million on the previous day.

According to Farside Investors on the 20th (local time), U.S. Bitcoin spot ETFs experienced a net outflow of $64.1 million (approximately 92.1 billion won). This marks the second consecutive trading day of net outflows.

The outflows were distributed across several funds: Fidelity's FBTC saw $48.4 million, ARK Invest's ARKB had $8.7 million, VanEck's HODL recorded $4.8 million, and Valkyrie's BRRR experienced $4.8 million in outflows. BlackRock's IBIT and other products showed no net flows.

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Suehyeon Lee

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