Summary
- US spot Bitcoin ETFs recorded total net outflows of $469.05 million, extending their streak of net redemptions to five straight trading sessions.
- BlackRock's IBIT saw $239.27 million leave the fund, while Fidelity's FBTC, Grayscale's GBTC, Ark Invest's ARKB, and Bitwise's BITB also posted net outflows.
- By contrast, Grayscale's Mini BTC recorded $23.56 million in net inflows, while the remaining products saw no net flows.
Forecast Trend Report by Period
US spot Bitcoin exchange-traded funds extended their stretch of net outflows.
Trader T data published on June 25 showed the funds posted combined net outflows of $469.05 million a day earlier, marking a fifth straight trading session of redemptions.
BlackRock's IBIT led the outflows, with $239.27 million leaving the fund. Fidelity's FBTC posted net outflows of $120.81 million, followed by Grayscale's GBTC at $54.34 million, Ark Invest's ARKB at $50.66 million and Bitwise's BITB at $27.53 million.
By contrast, Grayscale Mini BTC recorded net inflows of $23.56 million. The remaining products saw no net flows.
shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit