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PiCK

US Spot-Bitcoin ETFs See Seventh Straight Trading Day of Outflows

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Forecast Trend Report by Period

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Photo: Shutterstock
Photo: Shutterstock

US spot-Bitcoin exchange-traded funds posted net outflows for a seventh consecutive trading day, underscoring weakening investor sentiment.

Data from SoSoValue showed 13 US-listed spot-Bitcoin ETFs logged combined net outflows of $444.51 million on June 26. That extended the run of net withdrawals to seven straight trading sessions since June 17.

Outflows have accelerated in recent days, totaling $68.18 million on June 22, $113.78 million on June 23, $469.08 million on June 24 and $696.29 million on June 25.

All of June 26's outflows came from BlackRock's IBIT, which lost $444.51 million.

The other 12 spot-Bitcoin ETFs, including Fidelity's FBTC, Grayscale's GBTC and BTC Mini Trust, Bitwise's BITB and ARK Invest and 21Shares' ARKB, recorded no net inflows or outflows.

#ETF Movement

cow5361@bloomingbit.ioHello, I'm a reporter at bloomingbit

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