US Bitcoin Spot ETF Sees $72.3 Million Net Inflow Led by BlackRock IBIT Surge
Main Idea
The US Bitcoin spot ETF market saw a net inflow of $72.3 million, with BlackRock's IBIT leading the gains, while some funds experienced significant outflows.
Key Points
1. BlackRock’s IBIT led the inflows with $267.9 million, highlighting strong institutional interest.
2. Franklin’s FBTC saw a significant outflow of $123.2 million, indicating shifting investor allocations.
3. Bitwise BITB had a modest inflow of $4.7 million, while ARK ARKB experienced an outflow of $90.2 million.
4. VanEck HODL attracted $62.1 million, while Grayscale’s GBTC faced a decline of $79.7 million.
5. Grayscale’s Mini BTC product recorded a positive inflow of $27.2 million.
Description
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