Editor's PiCK

U.S. spot Bitcoin ETF, $161.93 million net outflow yesterday… 2 consecutive trading days

Source
Suehyeon Lee

Summary

  • U.S. spot Bitcoin ETFs recorded net outflows of $161.93 million.
  • This net outflow occurred for 2 consecutive trading days.
  • It reported that large sums of money flowed out from major ETFs such as BlackRock IBIT, Bitwise BITB, and Grayscale GBTC.
Photo=TraderT
Photo=TraderT

U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) saw net outflows of more than $100 million yesterday.

On the 6th (local time), according to TraderT, U.S. spot Bitcoin ETFs recorded net outflows of $161.93 million (about 225 billion won) the previous day. This marks net outflows for 2 consecutive trading days.

On the day, $64.95 million flowed out from BlackRock IBIT alone, $49.65 million from Bitwise BITB, and $47.33 million from Grayscale GBTC. The other products had no net flows.

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Suehyeon Lee

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