Editor's PiCK
US Bitcoin Spot ETFs See Net Outflow of $266.31 Million Yesterday...8 Consecutive Trading Days of Outflows
Summary
- U.S. Bitcoin spot ETFs recorded a net outflow of $266.31 million yesterday.
- Amid 8 consecutive trading days of outflows, BlackRock's IBIT experienced the largest net outflow at $192.32 million.
- Bitwise's BITB was the only product to record a net inflow of $17.65 million, contrasting with other products.
U.S. Bitcoin (BTC) spot ETFs experienced a net outflow of over $200 million yesterday.
According to TraderT on the 28th (local time), U.S. Bitcoin spot ETFs saw a net outflow of $266.31 million (approximately 389.1 billion won) yesterday. This marks the 8th consecutive trading day of net outflows.
BlackRock's IBIT recorded the largest outflow with $192.32 million in net outflows, followed by WisdomTree's BTCW with $53.78 million in net outflows. Additionally, Fidelity's FBTC had $7.25 million, Franklin Templeton had $7.23 million, VanEck's HODL had $10.58 million, Grayscale's GBTC had $7.26 million, and Grayscale Mini BTC had $5.54 million in net outflows.
Only Bitwise's BITB recorded a net inflow of $17.65 million on that day, while the remaining products had no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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