Editor's PiCK
Bitcoin Spot ETFs See $756 Million Net Outflow... 5,002 BTC Outflow from BlackRock's IBIT
Uk Jin
Summary
- The report stated that Bitcoin spot ETFs recorded net outflows for 7 consecutive trading days, continuing with a volume of $756 million.
- It was revealed that 5,002 bitcoins worth $420 million were net outflowed from BlackRock's IBIT, marking the largest volume ever.
- The report mentioned that Fidelity's FBTC, ARK Invest's ARKB, and Grayscale's BTC also contributed to the volume of net outflows from Bitcoin spot ETFs.
Bitcoin (BTC) spot exchange-traded funds (ETFs) continued to record net outflows.
According to Farside Investor and Trader T on the 26th (local time), Bitcoin spot ETFs recorded a total net outflow of $756 million on this day. This marks the 7th consecutive trading day of net outflows for Bitcoin spot ETFs since the 18th.
BlackRock's IBIT recording its largest net outflow ever was a significant factor. BlackRock's IBIT recorded a net outflow of $420 million on this day, which amounts to 5,002 bitcoins.
This was followed by Fidelity's FBTC (-$145.7 million), ARK Invest's ARKB (-$60.5 million), and Grayscale's BTC (-$56 million).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
