Editor's PiCK
US Spot Bitcoin ETFs See Net Inflows of Approximately ₩760 Billion This Week…IBIT Leads the Way
Summary
- This week, spot Bitcoin ETFs listed in the US saw net inflows of approximately ₩760 billion.
- BlackRock's IBIT attracted $887.7 million, clearly leading in capital inflows.
- On the other hand, major ETFs such as Fidelity's FBTC and ARKB experienced net outflows of $73.8 million and $183.9 million, respectively.
Spot Bitcoin (BTC) exchange-traded funds (ETFs) listed in the United States recorded a total net inflow of $547.6 million (approximately ₩760 billion) this week.
According to Farside Investors on the 16th (local time), BlackRock’s spot Bitcoin ETF, IBIT, saw an inflow of $887.7 million this week, leading the way in capital inflows. In contrast, Fidelity's FBTC saw a net outflow of $73.8 million, and ARK 21Shares’ ARKB posted a net outflow of $183.9 million.
Additionally, there were net outflows of $18.4 million from Bitwise's BITB, $95.9 million from Grayscale's GBTC, and $5.9 million from VanEck's HODL. Meanwhile, Invesco Galaxy’s BTCO recorded a net inflow of $4.9 million, and other ETFs saw a combined net inflow of $32.9 million.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
