Editor's PiCK

U.S. Bitcoin spot ETF posts $6.34 million net outflow the previous day… trading volume second-highest since launch

Source
Suehyeon Lee

Summary

  • U.S. Bitcoin spot ETFs reportedly recorded a net outflow of $6.34 million.
  • It said trading volume was the second-highest since launch.
  • BlackRock IBIT recorded a net inflow of $72.39 million, but major ETFs showed some net outflows.
Photo=TraderT
Photo=TraderT

U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) recorded a slight net outflow the previous day.

On the 11th (local time), according to TraderT, U.S. Bitcoin spot ETFs saw a total net outflow of $6.34 million (about 8.7 billion won). However, trading volume was the second-highest since launch.

On the day, BlackRock IBIT led inflows with a net inflow of $72.39 million, but Fidelity FBTC recorded a net outflow of $10.18 million, Bitwise BITB $37.45 million, ARK Invest ARKB $6.21 million, Grayscale GBTC $19.21 million, and Grayscale Mini BTC $5.68 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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