Editor's PiCK
US Bitcoin Spot ETFs See $56.1 Million Net Outflow... Second Consecutive Trading Day
Doohyun Hwang
Summary
- It was reported that $56.1 million in net outflows occurred from U.S. Bitcoin spot ETFs for two consecutive days.
- It was revealed that BlackRock's Bitcoin spot ETF 'IBIT' had an outflow of $93.17 million, turning the overall net flow negative.
- It was reported that Bitcoin price is trading at around $84,390, up 2.9% from the previous day.
U.S. Bitcoin (BTC) spot ETFs experienced net outflows for the second consecutive trading day.
According to data from Trader T on the 14th (local time), $56.1 million flowed out of Bitcoin spot ETFs trading in the United States.
Products operated by Fidelity, Bitwise, and VanEck all recorded net inflows. However, as BlackRock's Bitcoin spot ETF 'IBIT' saw a massive outflow of $93.17 million, the overall net flow turned negative.
As of 1:15 PM, Bitcoin was trading at around $84,390 on the Binance Tether (USDT) market, up 2.9% from the previous day.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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