Editor's PiCK

US Bitcoin Spot ETF sees net outflow of $812.3 million the previous day...for 2 consecutive trading days

Source
Suehyeon Lee

Summary

  • It was reported that the United States Bitcoin spot ETF experienced a net outflow of $812.3 million.
  • This net outflow continued for two consecutive trading days and is said to be the largest in five months.
  • Significant outflows of funds were concentrated in major ETFs such as Fidelity FBTC and ARK Invest ARKB.
Photo=Fasade Invest
Photo=Fasade Invest

The United States Bitcoin (BTC) spot Exchange-Traded Funds (ETFs) recorded a net outflow of over $800 million the previous day.

On the 2nd (local time), US Bitcoin spot ETFs showed a net outflow of $812.3 million (approximately ₩1.1288 trillion) the previous day. This marks a net outflow for two consecutive trading days and is the largest outflow in five months.

On this day, Fidelity FBTC posted the largest outflow with $331.4 million in net outflows the previous day, followed by ARK Invest ARKB with $327.9 million. Grayscale GBTC recorded a net outflow of $66.8 million, while Grayscale Mini BTC Trust saw a net outflow of $33.6 million.

Additionally, Bitwise BITB had $38.3 million in outflows, BlackRock IBIT saw $2.6 million, Invesco BTCO posted $5.1 million, and Franklin Templeton EZBC had $6.6 million in net outflows. The remaining products showed 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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