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PiCK

US Spot-Bitcoin ETFs See $113.79 Million in Outflows, Extending Streak to Four Sessions

Source

Summary

  • The U.S. spot-Bitcoin ETF market posted $113.79 million in net outflows, extending its streak of redemptions to four straight trading sessions.
  • The latest outflows were driven largely by BlackRock's IBIT, which saw $182.01 million leave the fund.
  • By contrast, net inflows were recorded in Fidelity's FBTC, Ark Invest's ARKB, VanEck's HODL, and Morgan Stanley's MSBT.

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Photo: Trader T
Photo: Trader T

U.S. spot-Bitcoin exchange-traded funds posted net outflows for a fourth straight trading session.

Data compiled by Trader T showed $113.79 million was withdrawn from U.S. spot-Bitcoin ETFs on June 23.

BlackRock's IBIT accounted for the bulk of the outflows, with $182.01 million leaving the fund.

Some products still drew inflows. Fidelity's FBTC added $23.04 million, while Ark Invest's ARKB took in $30.98 million. VanEck's HODL and Morgan Stanley's MSBT also posted net inflows of $5.28 million and $8.92 million, respectively. The remaining products recorded no net flows.

#ETF Movement

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