Editor's PiCK

US Bitcoin ETF sees $140 million inflow in one day

Source
JOON HYOUNG LEE

Summary

  • The US Bitcoin spot Exchange-Traded Fund (ETF) reported a net inflow of $142.29 million in just one day.
  • In particular, $54.73 million was net inflowed into Ark Investment ARKB from investors, and Fidelity FBTC and BlackRock IBIT also saw inflows of $39.92 million and $37.16 million, respectively.
  • The absence of net outflows suggests that investors' interest is concentrated on Bitcoin ETFs.

The US Bitcoin (BTC) spot Exchange-Traded Fund (ETF) turned to a net inflow in just one day.

According to TraderT on the 8th (local time), the US Bitcoin ETF recorded a net inflow of $142.29 million (approximately 200 billion KRW) on the previous day (7th). After recording a net outflow of $86.20 million on the 6th, it switched to a net inflow in just one day.

Specifically, $54.73 million was net inflowed into Ark Investment ARKB. Fidelity FBTC and BlackRock IBIT recorded net inflows of $39.92 million and $37.16 million, respectively. There were no ETFs with net outflows.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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