Spot Bitcoin exchange-traded funds (ETFs) in the US experienced significant net inflows totaling approximately $66 million on May 13. These inflows increased total cumulative net inflows into spot Bitcoin ETFs to approximately $11.75 billion since their listing.

Fidelity Withdrew $39 Million Alone

Fidelity's Wise Origin Bitcoin Fund made the biggest contribution to inflows on May 13, according to data from SoSo Value. This fund alone attracted $39 million in daily net inflows. This shows that Fidelity is in an extremely strong position in the spot Bitcoin ETF market.

Other leading spot Bitcoin ETFs also saw notable inflows. Bitwise Bitcoin ETF (BITB) attracted $20 million and VanEck Bitcoin Trust ETF (HODL) attracted $7 million. These entries prove the continued interest and confidence of investors in these products.

Spot Bitcoin ETFs in Hong Kong Facing Outflows

Unlike the US market, spot Bitcoin ETFs in Hong Kong experienced a net outflow of 535 BTC. According to K33 Research senior analyst Vetle Lunde, these outflows have reduced the total amount of BTC under management in the region below initial levels. This reflects a regional sentiment influenced by local market conditions and regulatory environments.

#BitcoinDunyamiz

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