US Bitcoin ETF Sees $930 Million Inflow, Largest in Four Months

Source
JOON HYOUNG LEE

Summary

  • The US Bitcoin ETF recorded its largest daily inflow in four months.
  • A significant amount of funds flowed into BlackRock IBIT, with a net inflow of $876.65 million.
  • Fidelity FBTC and Ark Investment ARKB also recorded net inflows.

The US Bitcoin (BTC) spot Exchange Traded Fund (ETF) has recorded its largest daily inflow in four months.

According to TraderT on the 23rd (local time), the US Bitcoin ETF saw a net inflow of $934.21 million (approximately 1.3 trillion KRW) on the previous day (22nd). This marks the seventh consecutive trading day of net inflows, and it is the largest daily inflow since January this year.

Specifically, BlackRock IBIT saw a net inflow of $876.65 million. Fidelity FBTC and Ark Investment ARKB recorded net inflows of $48.66 million and $8.9 million, respectively. There were no net inflows or outflows in the other ETFs.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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