Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds posted more than $600 million in net outflows in a single day.
Data from Trader T showed total net outflows of $648.61 million from the US spot-Bitcoin ETF market on May 18. That marked the third-largest daily net outflow this year.
BlackRock's IBIT led the declines, with about $448.33 million leaving the fund in one day.
Fidelity's FBTC posted net outflows of about $63.42 million, while Ark Invest's ARKB saw about $109.64 million leave.
Bitwise's BITB recorded about $9.16 million in outflows, Invesco's BTCO about $3.82 million, Franklin Templeton's EZBC about $6.65 million and VanEck's HODL about $7.59 million. The remaining products saw no net inflows or outflows.
shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit
