PiCK
US Bitcoin Spot ETF sees $149.66 million net outflow the previous day... 6 consecutive trading days
Summary
- It was reported that the US Bitcoin Spot ETF saw a net outflow of $149.66 million.
- TraderT stated that this marks six consecutive trading days of net outflows.
- It was reported that cash is being withdrawn from several ETFs, including Fidelity FBTC and Grayscale GBTC, negatively impacting the overall market.
The US Bitcoin (BTC) Spot Exchange-Traded Fund (ETF) recorded a net outflow of over $100 million the previous day.
According to TraderT on the 11th (local time), the US Bitcoin Spot ETF saw a net outflow of $149.66 million (216.8 billion won) the previous day. This marks the sixth consecutive trading day of net outflows.
On this day, $74.63 million was withdrawn from Fidelity FBTC alone, and $44.63 million was withdrawn from Grayscale GBTC. Additionally, Bitwise BITB and ARK Invest ARKB recorded net outflows of $10.82 million and $12.69 million, respectively, while Invesco BTCO and Franklin Templeton EZBC saw outflows of $7.55 million and $9.21 million, respectively.
In contrast, Grayscale Mini BTC recorded a net inflow of $9.87 million, 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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