PiCK
US Bitcoin Spot ETFs Experience Massive Net Outflow of $194.3 Million in Previous Day
Suehyeon Lee
Summary
- It was reported that U.S. Bitcoin spot ETFs experienced a massive net outflow of funds of approximately 194.3 billion KRW the previous day.
- BlackRock's IBIT, Grayscale's GBTC, ARK Invest's ARKB and others recorded net outflows, raising concerns about changing investor interest.
- Notably, BlackRock's IBIT showed the most prominent net outflow at $50.71 million.
U.S. Bitcoin (BTC) spot ETFs experienced a massive net outflow of funds the previous day.
According to TraderT on the 7th (local time), U.S. Bitcoin spot ETFs recorded a net outflow of $134.4 million (approximately 194.3 billion KRW) the previous day.
On this day, BlackRock's IBIT saw a net outflow of $50.71 million, Grayscale's GBTC $34.51 million, ARK Invest's ARKB $17.76 million, and Franklin Templeton's EZBC $18.05 million.
Additionally, VanEck's HODL experienced a net outflow of $8.18 million, and WisdomTree's BTCW saw $5.19 million in net outflows. The remaining products had no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
