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The U.S. Spot Bitcoin ETF Records A Positive Net Inflow After Outflow Streak!

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By on June 26, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post The U.S. Spot Bitcoin ETF Records A Positive Net Inflow After Outflow Streak! appeared first on Coinpedia Fintech News

Reportedly, the U.S. spot BitcoinETF recorded an inflow of $31 Million on Tuesday after experiencing an outflow from the 11 Bitcoin funds for seven consecutive days. Notably, Fidelity’s FBTC led the net inflow with 49 Million, followed by Bitwise’s BITB with $15 Million of inflows and VanEck’s HODL saw an inflow of $4 Million. However, Grayscale’s GBTC saw a net outflow of $30.3 Million, followed by Ark Invest and 21Share’s ARKB with $6 Million. BlackRock’s IBIT, the largest Bitcoin ETF in terms of net asset value saw zero flows.

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