US Spot Bitcoin ETFs Post Outflows of $65M
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11 June

US spot Bitcoin ETFs posted combined net outflows of $64.93 million yesterday.

The trend, which ended a 19-day streak of continuous inflows, was led by Grayscale's GBTC, which recorded the most significant outflow of $40 million.

Other notable outflows were seen in Invesco and Galaxy Digital's BTCO, Valkyrie's Bitcoin ETF and Fidelity's FBTC, with a combined $39 million in outflows. However, BlackRock's IBIT and Bitwise's BITB saw net inflows of $6 million and $8 million, respectively.

The 19-day streak of inflows that ended last Friday was an all-time high and resulted in a total of $4 billion in net inflows.

Since their launch in January, the 11 spot Bitcoin ETFs have received a total of $15.62 billion in net inflows.

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