Editor's PiCK

U.S. spot Bitcoin ETFs see about 3.2 trillion won net inflow this week… IBIT·FBTC drive funds

Source
Minseung Kang

Summary

  • This week, U.S.-listed spot Bitcoin ETFs recorded a net inflow of about 3.238 trillion won.
  • BlackRock's IBIT and Fidelity's FBTC recorded inflows of 1.445 trillion won and 1.184 trillion won, respectively, driving the flow of funds.
  • It reported that additional funds were distributed and flowed into various ETF products such as ARKB, BITB, BTCO, EZBC, and HODL.
Photo = Shutterstock
Photo = Shutterstock

A total of 2.3239 billion dollars (about 3.238 trillion won) was recorded as net inflows into U.S.-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) this week.

On the 13th (local time), according to Farside Investors, BlackRock's spot Bitcoin ETF IBIT saw inflows of 1.0369 billion dollars (about 1.445 trillion won), and Fidelity's FBTC saw inflows of 849.6 million dollars (about 1.184 trillion won), respectively leading the flow of funds.

In addition, ARK Invest·21Shares' ARKB received 181.7 million dollars, and Bitwise's BITB received 138.5 million dollars. Invesco's BTCO had net inflows of 12.4 million dollars, Franklin Templeton's EZBC had 13.1 million dollars, VanEck's HODL had 43.2 million dollars, and Wise Origin's BTC had 35.2 million dollars in net inflows. Grayscale's GBTC also had net inflows of 13.3 million dollars.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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