U.S. Bitcoin spot ETF sees $548 million net inflow last week

Source
Suehyeon Lee

Summary

  • The U.S. Bitcoin (BTC) spot ETF reportedly had a net inflow of $548 million last week.
  • BlackRock's Bitcoin spot ETF continued its net inflows for 18 consecutive weeks.
  • Fidelity recorded a net outflow for the fifth consecutive week, reporting a $74 million net outflow last week.
Photo=Trader T
Photo=Trader T

The U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) recorded a net inflow of more than $500 million last week.

According to Trader T on the 18th (local time), the U.S. Bitcoin spot ETFs saw a net inflow of $548 million (about ₩759.1 billion) over the past week. The weekly trading volume reached $21 billion (about ₩29 trillion).

Specifically, BlackRock posted a weekly net inflow of $888 million, marking its 18th consecutive week of net inflows. In contrast, Fidelity recorded five straight weeks of net outflows, with a $74 million net outflow last week and a cumulative $655 million net outflow over the five weeks.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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