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PiCK

US Spot-Bitcoin ETFs See $231 Million of Net Outflows, Extending Streak to Eight Sessions

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Forecast Trend Report by Period

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Photo: Farside Investors
Photo: Farside Investors

US spot-Bitcoin exchange-traded funds recorded more than $200 million in net outflows in a single day.

Data compiled by Farside Investors on June 30 showed US spot-Bitcoin ETFs posted total net outflows of $231 million a day earlier, marking an eighth straight trading session of withdrawals.

BlackRock's IBIT led the outflows, with $300.4 million leaving the fund. Grayscale's BTC posted net outflows of $22.9 million, while Fidelity's FBTC lost $3.9 million.

Some ETFs still attracted inflows. Ark Invest and 21Shares' ARKB added $50 million, Grayscale's GBTC took in $35.1 million, VanEck's HODL saw $3.8 million of net inflows, and Morgan Stanley's MSBT drew $7.3 million. The remaining products were unchanged.

#ETF Movement

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

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