Editor's PiCK

US Bitcoin Spot ETF Sees Net Inflow of $407.77 Million After Just One Day; Switches Back to Net Inflow

Source
Suehyeon Lee

Summary

  • The US Bitcoin (BTC) spot ETF posted a net capital inflow of $407.77 million the previous day.
  • It is reported that this marks a switch to net inflow just one day after a net outflow exceeding $300 million on the 1st.
  • Major ETF products, such as Fidelity FBTC, ARK Invest ARKB, and Bitwise BITB, were the main drivers of the net inflow.
Photo=TraderT
Photo=TraderT

The United States Bitcoin (BTC) spot ETF recorded a net capital inflow exceeding $400 million the previous day.

According to TraderT on the 3rd (local time), US Bitcoin spot ETFs saw a net capital inflow of $407.77 million (approximately ₩553.4 billion) on the previous day. This marks a switch to a net inflow just one day after recording a net outflow of over $300 million on the 1st.

On this day, Fidelity FBTC recorded the highest net inflow with $183.96 million. ARK Invest ARKB had a net inflow of $83 million, and Bitwise BITB recorded a net inflow of $64.94 million. Grayscale GBTC saw a net inflow of $34.56 million, and Mini BTC had a net inflow of $16.53 million.

Additionally, Franklin Templeton EZBC reported a net inflow of $9.51 million, Invesco BTCO had $9.85 million, and VanEck HODL saw $5.42 million in net inflows. Meanwhile, BlackRock IBIT and the remaining 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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