Summary
- US spot Bitcoin ETFs recorded total net outflows of $89.8 million.
- ARKB posted $85.2 million in net outflows, while Fidelity's FBTC saw $74.5 million in net outflows.
- By contrast, BlackRock's IBIT posted $69.9 million in net inflows, partially offsetting the broader outflows.
Forecast Trend Report by Period
US spot Bitcoin exchange-traded funds recorded heavy net outflows.
Farside Investors data for Oct. 5 showed total net outflows of $89.8 million from US spot Bitcoin ETFs.
Among individual products, Ark Invest's ARKB posted the largest net outflow at $85.2 million. Fidelity's FBTC also saw net outflows of $74.5 million.
By contrast, BlackRock's IBIT drew net inflows of $69.9 million, partially offsetting the broader outflows. The remaining products recorded no net inflows or outflows.
shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit