US spot Bitcoin ETFs yesterday experienced net inflows of $39.02 million, following negative moves the previous day.
SoSoValue data revealed that ARKB, managed by Ark and 21Shares, received the largest inflows of $18.34 million.
Fidelity's FBTC received $11.47 million, while Grayscale's Bitcoin Mini Trust received $5.18 million. VanEck's HODL saw smaller inflows of $4.95 million and Franklin Templeton's Bitcoin fund $3.38 million.
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Bitwise's BITB also experienced positive flows of $2.22 million. However, Grayscale's GBTC was the only spot Bitcoin ETF to experience outflows, with $6.51 million.
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The remaining five Bitcoin ETFs, including BlackRock's IBIT, saw no flows on Thursday. IBIT, the largest spot Bitcoin ETF by net assets, has had no net inflows since Aug. 27.