Editor's PiCK

US Bitcoin Spot ETF sees $292.9 million net outflow the previous day... Large-scale capital withdrawal from ARKB and FBTC

Source
Suehyeon Lee

Summary

  • A large-scale capital outflow of $292.29 million occurred in the US Bitcoin spot ETF the previous day.
  • In particular, significant net outflows were observed from major products such as ARK Invest ARKB and Fidelity FBTC.
  • Additionally, capital also flowed out from BlackRock IBIT, Bitwise BITB, and Invesco BTCO.
Photo=Trader T
Photo=Trader T

The United States Bitcoin spot ETF recorded a significant capital outflow the previous day.

According to Trader T on the 6th (local time), there was a $292.29 million (about ₩396.9 billion) outflow from US Bitcoin spot ETFs the previous day. In particular, it was found that large-scale net outflows were driven by ARK Invest and Fidelity products.

On this day, Fidelity FBTC recorded a net outflow of $80.17 million, and ARK Invest ARKB saw a net outflow of $102.03 million. In addition, BlackRock IBIT had an outflow of $13.86 million, Bitwise BITB $36.73 million, and Invesco BTCO showed a net outflow of $12.2 million.

VanEck HODL also recorded a net outflow of $6.51 million, Grayscale GBTC $24.09 million, and Grayscale Mini BTC $16.7 million. Other products saw no net inflow or outflow.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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