PiCK
US Bitcoin Spot ETFs Record $364M Net Outflow... Outflows Continue for Third Trading Day
Suehyeon Lee
- U.S. Bitcoin spot ETFs have recorded over $300 million in net outflows for three consecutive trading days.
- Major ETFs including BlackRock, Fidelity, ARK Invest, and Grayscale each reported significant outflows.
- Bitwise and VanEck showed differentiated trends by recording net inflows.
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Photo=TraderT
U.S. Bitcoin (BTC) spot ETFs recorded net outflows exceeding $300 million yesterday.
According to TraderT on the 21st (local time), U.S. Bitcoin spot ETFs saw net outflows of $364.77 million (approximately 522.6 billion won). This marks the third consecutive trading day of net outflows.
On this day, BlackRock's IBIT experienced net outflows of $111.88 million, Fidelity's FBTC $88.24 million, ARK Invest $98.35 million, Grayscale's GBTC $33.52 million, and Grayscale's Mini BTC $61.10 million.
In contrast, Bitwise's BITB and VanEck's HODL recorded net inflows of $24.14 million and $4.18 million respectively. The remaining products showed no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.PiCK News
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