PiCK
US Bitcoin Spot ETFs See Net Inflow of ₩3.74 Trillion This Week… Driven by IBIT and FBTC
Summary
- This week, Bitcoin spot ETFs listed in the US saw a net inflow of ₩3.7493 trillion.
- IBIT from BlackRock and FBTC from Fidelity led the way with massive capital inflows of ₩2.4273 trillion and ₩551.5 billion, respectively.
- Meanwhile, GBTC from Grayscale experienced a net outflow of ₩69.5 billion, becoming the only one to record a negative this week.
This week, a total of $2.7175 billion (about ₩3.7493 trillion) flowed into US-listed Bitcoin (BTC) spot Exchange-Traded Funds (ETFs).
According to Farside Investors on the 12th (local time), BlackRock’s Bitcoin spot ETF, IBIT, attracted $1.759 billion (about ₩2.4273 trillion), while Fidelity’s FBTC saw $399.9 million (around ₩551.5 billion) inflows, leading the capital movement.
In addition, ARK Invest and 21Shares' ARKB brought in $339.1 million (about ₩467.9 billion), Bitwise’s BITB attracted $86.6 million (about ₩119.4 billion), VanEck’s HODL received $35.2 million (about ₩4.86 billion), Galaxy’s BRRR saw $3.7 million, and Invesco’s BTCO attracted $14.8 million.
On the other hand, Grayscale’s GBTC was the only one to record a negative figure this week, with a net outflow of $50.4 million (about ₩69.5 billion).
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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