US Spot Bitcoin ETFs Draw in $488 Million in One Day
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June 6, 2024

US spot Bitcoin ETFs yesterday recorded significant net inflows totaling $488.24 million. All 11 funds recorded net inflows or no inflows.

The leading fund in net inflows was Fidelity's FBTC, with $221 million, according to SosoValue data. BlackRock's IBIT posted the second-highest net inflows, with $155 million, followed by 21Shares' ARK Invest and ARKB, with $71 million.

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Bitwise's BITB had $19 million in net inflows, while Grayscale's GBTC had $15 million, the second consecutive day of positive inflows.

VanEck's fund had $4 million in net inflows, and the Invesco and Galaxy Digital funds had the same amount.

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This is the 17th consecutive day of positive flows for the 11 spot Bitcoin ETFs.

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