U.S. Bitcoin spot ETF sees $100.355 million net outflow the previous day… two consecutive trading days

Source
Suehyeon Lee

Summary

  • U.S. Bitcoin spot ETFs experienced a net outflow of $100.355 million the previous day.
  • This was two consecutive trading days of net outflows, with Fidelity FBTC seeing the largest outflow.
  • Meanwhile, BlackRock IBIT and Invesco BTCO recorded small net inflows.

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

On the 24th (local time), TraderT reported that U.S. Bitcoin spot ETFs experienced net outflows of $100.355 million (about 144.4 billion won) the previous day. This marks net outflows for two consecutive trading days.

On that day, Fidelity's FBTC alone saw net outflows of $75.56 million, the largest amount, followed by ARK Invest's ARKB with $27.85 million and Bitwise's BITB with $12.76 million in net outflows.

Meanwhile, BlackRock's IBIT recorded net inflows of $2.6 million, and Invesco's BTCO also saw net inflows of $10.02 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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