PiCK
U.S. Bitcoin spot ETFs see $364,020,000 net outflow the previous day… three consecutive trading days
Suehyeon Lee
Summary
- It reported that U.S. Bitcoin spot ETFs experienced a net outflow of $364,020,000 the previous day.
- It said this net outflow has continued for three consecutive trading days.
- It reported that BlackRock's IBIT and Fidelity's FBTC led the major outflows.
More than $300 million flowed out of U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) the previous day.
On the 18th (local time), according to TraderT, a total net outflow of $364,020,000 (about 518.1 billion won) occurred from U.S. Bitcoin spot ETFs the previous day. This marks the third consecutive trading day of net outflows.
On that day, BlackRock's IBIT saw $266,040,000 withdrawn and Fidelity's FBTC saw $67,370,000 withdrawn, leading the outflows. In addition, Valkyrie's BRRR had $5,570,000 in net outflows, and Grayscale's GBTC had $25,040,000 in net outflows. The remaining products had no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
