Summary
- It was reported that Bitcoin (BTC) spot ETFs recorded a large net outflow of $323.7 million.
- In particular, BlackRock's IBIT experienced a net outflow of $292.5 million, and there were outflows from Fidelity's FBTC and Grayscale's GBTC as well.
- On the other hand, Bitwise's BITB saw a net inflow of $18.7 million.
Bitcoin (BTC) spot Exchange-Traded Funds (ETFs) recorded a significant net outflow.
According to Trader T and Farside Investors on the 4th (local time), there was a total net outflow of $323.7 million from Bitcoin spot ETFs that day.
BlackRock's IBIT alone saw a net outflow of $292.5 million, followed by net outflows of $40.1 million and $9.9 million from Fidelity's FBTC and Grayscale's GBTC, respectively.
In contrast, Bitwise's BITB recorded a net inflow of $18.7 million.
The fund flows for Invesco Galaxy's BTCO have not yet been reported.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
