Editor's PiCK

U.S. Bitcoin Spot ETF Sees Net Outflow of About $23.2 Million the Previous Day…Six Consecutive Sessions

Source
Suehyeon Lee

Summary

  • It was reported that there has been a net outflow of funds from U.S. Bitcoin spot ETFs for six consecutive trading sessions.
  • The previous day saw a net outflow of $23.2 million, with BlackRock IBIT recording the largest outflow at $198.8 million.
  • On the other hand, some ETFs such as Fidelity FBTC and ARK Invest ARKB reported a net inflow of funds.
Photo=Farside Investors
Photo=Farside Investors

Outflows from U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) continue.

According to Farside Investors on the 23rd (local time), there was a net outflow of approximately $23.2 million (about ₩3.21 billion) from U.S. Bitcoin spot ETFs the previous day. This marks the sixth consecutive trading day of net outflows.

On this day, BlackRock IBIT led the outflows with a net withdrawal of $198.8 million. In contrast, Fidelity FBTC saw a net inflow of $50.9 million, ARK Invest ARKB had $65.7 million, and VanEck HODL recorded a net inflow of $26.4 million.

Additionally, Bitwise BITB had a net inflow of $12.7 million, Franklin Templeton EZBC saw $13.5 million, and Grayscale GBTC had $6.4 million in net inflows. All other products experienced 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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