Editor's PiCK

U.S. spot Bitcoin ETFs, $624.81 million net inflows... four consecutive trading days

Doohyun Hwang

Summary

  • Reported that U.S. spot Bitcoin (BTC) ETFs saw $624.81 million in net inflows.
  • This is four consecutive trading days of net inflows, with BlackRock's IBIT accounting for $464.11 million, making up the majority of the inflows.
  • Fidelity's FBTC and ARK Invest's ARKB also recorded net inflows of $89.6 million and $45.2 million, respectively.

More than $600 million in net inflows occurred in a single day for U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs).

According to TraderT's data on the 2nd (local time), U.S.-traded spot Bitcoin ETFs recorded total net inflows of $624.81 million that day. This marks four consecutive trading days, with BlackRock's IBIT accounting for the bulk of the inflows at $464.11 million.

Fidelity's FBTC followed with $89.6 million, and ARK Invest's ARKB recorded $45.2 million in net inflows. Additionally, Bitwise's BITB had $11.2 million, VanEck's HODL $1.7 million, and Grayscale's GBTC $2.8 million in net inflows.

Meanwhile, there were no inflows into the Invesco, Franklin, Valkyrie, and WisdomTree (WisdomTree) ETFs.

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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