Editor's PiCK

US Bitcoin Spot ETF Sees Net Outflow of $267.6 Million

Source
Uk Jin

Summary

  • It was reported that there was a net outflow of $267.6 million from Bitcoin (BTC) spot ETFs.
  • There were continued large-scale net outflows from major ETF products such as BlackRock IBIT and ARK Invest ARKB.
  • Only Bitwise BITB posted a net inflow of $3.4 million.

A net outflow has occurred from the Bitcoin (BTC) spot Exchange Traded Funds (ETF).

According to Trader T on the 2nd (local time), a total net outflow of $267.6 million was recorded from Bitcoin spot ETFs that day.

BlackRock IBIT and ARK Invest ARKB saw respective net outflows of $130.6 million and $73.9 million, followed by Fidelity FBTC (-$50.1 million) and Grayscale GBTC (-$16.5 million).

The only product that recorded a net inflow was Bitwise BITB (+$3.4 million).

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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