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US Spot-Bitcoin ETFs See $77.44 Million in Net Outflows for Third Straight Trading Day

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Summary

  • US spot-Bitcoin ETFs recorded total net outflows of $77.44 million, marking a third consecutive trading day of withdrawals.
  • The latest outflows were led by BlackRock's IBIT, which saw $61.64 million leave the fund, and Fidelity's FBTC, which posted $20.19 million in net outflows.
  • By contrast, Grayscale Mini BTC posted net inflows of $4.39 million, making it the only product to end the day in positive territory.
Photo: Trader T
Photo: Trader T

Outflows continued from US spot-Bitcoin exchange-traded funds.

US spot-Bitcoin ETFs recorded net outflows of $77.44 million on June 9, according to Trader T. That marked a third straight trading day of net redemptions.

BlackRock's IBIT led the outflows, with $61.64 million leaving the fund.

Fidelity's FBTC also posted net outflows of $20.19 million.

By contrast, Grayscale Mini BTC was the only product to post net inflows, taking in $4.39 million. The remaining funds recorded no net flows.

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