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PiCK

US Spot Bitcoin ETFs Log $27.25 Million of Net Inflows, Led by Morgan Stanley's MSBT

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Summary

  • US spot Bitcoin ETFs posted total net inflows of $27.25 million, snapping a recent streak of outflows.
  • Morgan Stanley's MSBT led flows across spot Bitcoin ETFs with $26.3 million in inflows.
  • BlackRock's IBIT posted net outflows of $7.45 million, while Fidelity's FBTC recorded net outflows of $3.57 million.

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Photo: Trader T
Photo: Trader T

US spot Bitcoin exchange-traded funds attracted more than $20 million in fresh money on May 11, snapping a streak of net outflows.

Trader T data showed the funds posted combined net inflows of $27.25 million, reversing two consecutive trading days of net outflows.

Morgan Stanley's MSBT led the gains with $26.3 million of net inflows. Invesco's BTCO drew $7.34 million, while VanEck's HODL added $4.63 million.

BlackRock's IBIT posted net outflows of $7.45 million, and Fidelity's FBTC recorded net outflows of $3.57 million. The remaining products saw no net flows.

shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit
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