Editor's PiCK

U.S. Bitcoin Spot ETF Sees $68 Million Net Outflow

Source
Son Min

Summary

  • U.S. Bitcoin spot ETFs recorded a net outflow of $68 million.
  • BITB from Bitwise and ARKB from ARK Invest saw outflows of $42.3 million and $33.2 million, respectively.
  • Grayscale’s GBTC saw a net inflow of $7.5 million, while the other ETFs showed no changes.

It was reported that the U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) recorded a net outflow of $68 million the previous day.

According to Farside Investors on the 23rd (local time), U.S. Bitcoin spot ETFs saw $68 million flow out. This marks the second consecutive trading day of outflows.

Specifically, Bitwise’s BITB and ARK Invest’s ARKB recorded net outflows of $42.3 million and $33.2 million, respectively. In contrast, Grayscale’s GBTC saw a net inflow of $7.5 million. The other ETFs saw no net flows.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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