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PiCK

US Spot-Bitcoin ETFs Post $144.6 Million of Net Outflows

Source

Forecast Trend Report by Period

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Photo: Trader T
Photo: Trader T

US spot-Bitcoin exchange-traded funds swung to net outflows.

Data from Trader T showed the funds posted combined net outflows of $144.6 million on August 10, reversing five straight trading days of net inflows.

BlackRock's IBIT led the outflows at $53.6 million. Fidelity's FBTC saw $40.3 million leave, while Bitwise's BITB recorded $28.4 million of outflows.

Franklin Templeton's EZBC posted outflows of $7.4 million, and Grayscale's GBTC lost $52 million.

By contrast, Grayscale's Mini Bitcoin ETF drew net inflows of $37.1 million. The remaining products recorded no net flows.

#Crypto ETF

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

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