PiCK
US Bitcoin ETF Sees $430 Million Inflow Yesterday... 10 Consecutive Trading Days
JOON HYOUNG LEE
Summary
- The US Bitcoin ETF reported net inflows for 10 consecutive trading days.
- BlackRock IBIT saw a net inflow of $482 million, while Fidelity FBTC and ARK Investment ARKB reported net outflows.
- There were no net inflows or outflows in the other ETFs.
The US Bitcoin (BTC) spot Exchange-Traded Fund (ETF) has recorded net inflows for 10 consecutive trading days.
According to Trader T on the 29th (local time), the US Bitcoin spot ETF saw a net inflow of $433.66 million (approximately 600 billion KRW) yesterday (28th). This marks 10 consecutive trading days of net inflows.
Specifically, BlackRock IBIT alone saw a net inflow of $482 million. Fidelity FBTC and ARK Investment ARKB recorded net outflows of $14.05 million and $34.29 million, respectively. There were no net inflows or outflows in the other ETFs.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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