Editor's PiCK
US Bitcoin Spot ETFs Record Net Outflows for 4 Consecutive Trading Days
Doohyun Hwang
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Summary
- US Bitcoin spot ETFs reported net outflows for 4 consecutive trading days.
- Multiple ETFs including Grayscale's GBTC and Bitwise's BITB experienced fund outflows.
- Bitcoin recorded a 1.8% decline in the Binance Tether market.
US Bitcoin (BTC) spot ETFs have experienced net outflows for 4 consecutive trading days.
According to data from TraderT on the 21st (local time), Bitcoin spot ETFs traded in the US recorded total net outflows of $62.81 million.
While BlackRock's IBIT ($21.61 million) and VanEck's HODL ($4.71 million) saw net inflows, Grayscale's GBTC ($60.08 million), Bitwise's BITB (-$16.58 million), and Fidelity's FBTC ($12.47 million) all experienced fund outflows.
On this day, Bitcoin is trading at around $96,400 on the Binance Tether (USDT) market, down 1.8% compared to the previous day.
