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US Bitcoin Spot ETF Sees Net Outflow of Approximately $457.95 Million, Fifth Largest Ever

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Suehyeon Lee
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  • The US Bitcoin Spot ETF reported a net outflow of $457.95 million, marking the fifth largest ever.
  • On this day, BlackRock IBIT was notable for being the only one to record a net inflow of $63.47 million.
  • Most major ETFs recorded fund outflows, with Fidelity FBTC experiencing the largest net outflow.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

The US Bitcoin (BTC) Spot ETF recorded a net outflow of over $400 million the previous day.

On the 28th (local time), according to Trader T, the US Bitcoin Spot ETF saw a net outflow of $457.95 million (approximately 661 billion KRW) the previous day. This marks the fifth largest outflow since trading began.

Meanwhile, BlackRock IBIT added $63.47 million, making it the only product to record a net inflow. Fidelity FBTC experienced the largest net outflow with $268.59 million, followed by Grayscale GBTC with a net outflow of $108.47 million.

Additionally, Bitwise BITB recorded a net outflow of $88.57 million, ARK Invest ARKB $50.11 million, and VanEck HODL $5.68 million. Other products had no net inflow or outflow.

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