Inflows into Spot Bitcoin ETFs Hit $107.91M
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24 May

US-based spot Bitcoin ETFs experienced their ninth consecutive day of positive net inflows yesterday, attracting a total of $107.91 million.

Notably, this is the longest streak of inflows for spot Bitcoin ETFs since mid-March.

The bulk of Thursday's inflows came from BlackRock's IBIT, with $89 million, followed by Fidelity's FBTC, with $19 million.

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In addition, VanEck's ETF also saw net inflows of $10 million. The Ark Invest and 21Shares Bitcoin fund, as well as the Invesco ETF and Galaxy Digital one, recorded daily net inflows of $2 million.

Meanwhile, Grayscale's GBTC experienced a net outflow of $14 million.

Other funds, including those from Bitwise, Valkyrie, Franklin Templeton, WisdomTree and Hashdex, recorded no new flows on Thursday.

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