Editor's PiCK

U.S. Bitcoin spot ETFs, $473.11 million net outflow the previous day… Outflows expand centered on IBIT·ARKB

Source
Suehyeon Lee

Summary

  • It reported that the U.S. Bitcoin spot ETF market experienced a net outflow of $473.11 million in a single day.
  • It said that major ETFs, particularly BlackRock (IBIT), Fidelity (FBTC), and ARK Invest (ARKB), continued to see large-scale fund outflows.
  • It added that Grayscale (GBTC) also experienced net outflows, while some products saw no fund changes.
Photo=TraderT
Photo=TraderT

The U.S. Bitcoin (BTC) spot exchange-traded fund (ETF) market saw net outflows of more than about $400 million in a single day.

On the 30th (local time), according to TraderT, the previous day U.S. Bitcoin spot ETFs experienced net outflows of $473.11 million (about KRW 673.3 billion).

On that day, $90.48 million exited BlackRock's IBIT, $164.36 million exited Fidelity's FBTC, and $143.80 million exited ARK Invest's ARKB, each leading the outflow trend.

In addition, $6.03 million was withdrawn from Bitwise's BITB, $65.01 million from Grayscale's GBTC, and $3.43 million from Mini GBTC. There were no net inflows or outflows for the remaining products.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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