US Spot Bitcoin ETFs’ Inflows Hit $31 Million
Main page News, ETFs
Hot topic
26 June

Net inflows into US spot Bitcoin exchange-traded funds returned yesterday, totaling $31 million.

This follows a streak of seven consecutive days in which the 11 Bitcoin funds experienced net outflows.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange

According to SoSoValue data, Fidelity's FBTC led net inflows with $49 million, followed by Bitwise's BITB with $15 million and VanEck's HODL with $4 million.

Conversely, Grayscale's GBTC posted net outflows of $30.3 million, and 21Shares and ARK Invest’s ARKB posted net outflows of $6 million.

Despite having a significant daily trading volume of $1.1 billion, BlackRock's IBIT, recorded no flows on Tuesday.

Other funds, such as Invesco's Galaxy Digital, Valkyrie and Franklin Templeton, also had no flows.

Read also:
Please describe the error
Close