PiCK
US Bitcoin ETF sees $56.3 million outflow yesterday... First reversal in 9 trading days
JOON HYOUNG LEE
Summary
- The US Bitcoin ETF reported a net outflow of $56.3 million for the first time in 9 trading days.
- Large sums were withdrawn from Fidelity FBTC and Ark Invest ARKB.
- Only BlackRock IBIT recorded a net inflow of $267 million.
The US Bitcoin (BTC) spot Exchange-Traded Fund (ETF) has seen a net outflow for the first time in 9 trading days.
According to Farside Investor on the 1st (local time), the US Bitcoin ETF recorded a net outflow of $56.3 million (approximately 81 billion KRW) on the previous day (30th). This marks the first net outflow in 9 trading days.
Specifically, $137.5 million and $130.8 million were withdrawn from Fidelity FBTC and Ark Invest ARKB, respectively. Grayscale GBTC and Bitwise BITB saw outflows of $32 million and $23 million, respectively.
On the other hand, BlackRock IBIT recorded a net inflow of $267 million.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
