Editor's PiCK

U.S. Bitcoin spot ETFs saw $126.69 million net outflow the previous day…turned to outflow after five trading days

Source
Suehyeon Lee

Summary

  • It reported that U.S. Bitcoin spot ETFs experienced net outflows of $126.69 million.
  • This net outflow was the first outflow in five trading days.
  • BlackRock IBIT and WisdomTree BTCW recorded net inflows, while Fidelity FBTC, ARK Invest ARKB, and Grayscale GBTC reported net outflows.
Photo=TraderT
Photo=TraderT

U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) experienced a net outflow of more than $100 million the previous day.

On the 30th (local time), according to TraderT, U.S. Bitcoin spot ETFs had a total net outflow of $126.69 million (about 176 billion won) the previous day. This marks a reversal to net outflows after five trading days.

On that day, BlackRock IBIT saw net inflows of $24.61 million and WisdomTree BTCW saw net inflows of $2.3 million. Meanwhile, Fidelity FBTC recorded net outflows of $66.2 million, ARK Invest ARKB had net outflows of $72.1 million, and Grayscale GBTC recorded net outflows of $15.3 million. The other products had no net inflows or outflows.

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Suehyeon Lee

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