Spot Bitcoin ETFs break 12-day inflow streak amid ‘profit taking’

Key Points

1. Spot Bitcoin ETFs saw a net outflow of $131.35 million, breaking a 12-day inflow streak that brought in $6.6 billion.

2. ARK Invest’s ARKB had the largest outflow at $77.46 million, followed by Grayscale’s GBTC ($36.75 million) and Fidelity’s FBTC ($12.75 million).

3. BlackRock’s IBIT, the largest fund by net assets ($86.16 billion), saw no inflows or outflows.

4. Cumulative net inflows for Bitcoin ETFs remain strong at $54.62 billion, with total net assets at $151.60 billion (6.52% of Bitcoin’s market cap).

5. Ether ETFs extended their inflow streak with $296.59 million, bringing cumulative net inflows to $7.78 billion.