Spot Bitcoin ETFs Take in $39.02M
As per data from SoSoValue, the 12 different Bitcoin exchange-traded funds (ETFs) recorded a total of $39.02 million in net inflows, a change from the $43.97 million outflows that were reported the day before.
Leading the group was ARK 21Shares’ ARKB with inflows of $18.3 million after experiencing outflows of $54 million the previous day.
Fidelity’s FBTC followed with $11.5 million in inflows, making it the only fund to receive positive net inflows for four consecutive days, with a total of $115.9 million entering the fund.
Other notable inflows included $5.18 million for Grayscale’s Bitcoin Mini Trust, $4.9 million for VanEck’s HODL, $3.4 million for Franklin Templeton’s EZBC, and $2.2 million for Bitwise’s BITB.
On the other hand, Grayscale’s GBTC was the only spot Bitcoin ETF to report outflows, with $6.5 million leaving the fund. This brings the total outflows for the fund since its launch to $20.04 billion.