Editor's PiCK
US Bitcoin Spot ETFs Record Net Inflow of $94.92 Million, Turning Positive After 9 Trading Days
Suehyeon Lee
Summary
- U.S. Bitcoin spot ETFs recorded a net inflow of $94.92 million the previous day.
- This is notable as it marks a shift from net outflows to net inflows after 9 trading days.
- However, BlackRock's IBIT and several other ETFs still recorded net outflows.
U.S. Bitcoin (BTC) spot ETFs recorded a net inflow of over $90 million the previous day.
According to TraderT on May 1 (local time), U.S. Bitcoin spot ETFs saw a net inflow of $94.92 million ($138.8 billion KRW). This marks a shift from net outflows to net inflows after 9 trading days.
On this day, Fidelity's FBTC recorded a net inflow of $176.03 million, ARK Invest's ARKB saw $193.70 million, Bitwise's BITB had $4.57 million, and Grayscale Mini BTC recorded $5.59 million in net inflows.
In contrast, BlackRock's IBIT recorded a net outflow of $243.97 million, while VanEck's HODL and Grayscale's GBTC showed net outflows of $7.72 million and $33.28 million respectively. The remaining products had no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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