US Bitcoin Spot ETF, $424.5 Million Net Inflow

Uk Jin

Summary

It was reported that $424.5 million was net inflowed into the Bitcoin spot ETF.
BlackRock IBIT saw an inflow of $530.2 million, but net outflows occurred in Fidelity FBTC and Bitwise BITB.
This net inflow into the Bitcoin spot ETF reflects the continued interest of investors.

The Bitcoin (BTC) spot Exchange-Traded Fund (ETF) recorded a net inflow.

According to TraderT on the 5th (local time), a total of $424.5 million was net inflowed into the Bitcoin spot ETF on this day.

While BlackRock IBIT saw a net inflow of $530.2 million, other products such as Fidelity FBTC (-$57.8 million) and Bitwise BITB (-$22.7 million) recorded net outflows.

BTC