According to preliminary statistics from Farside Investors, the total net inflow of the U.S. Bitcoin spot ETF on Monday (3rd) was US$105 million, which has been a net inflow for 15 consecutive trading days.
U.S. Bitcoin Spot ETF Daily Fund Flows (Source: SoSo Value)
The Bitcoin spot ETF with the largest net inflows yesterday was Fidelity’s FBTC, with about $77 million. BlackRock’s IBIT and Grayscale’s GBTC both experienced zero net flows.
Source: Farside Investors Bitcoin ETF accounts for 26% of BlackRock’s 2024 inflows
According to data shared by Bloomberg ETF analyst Eric Balchunas, BlackRock and Fidelity’s Bitcoin spot ETFs have accounted for a sizable share of the two issuers’ total ETF flows so far this year, reaching 26% each. and 56%.
To those asking, $IBIT is 26% of BlackRock's flows and 56% of Fidelity's flows, so yes, def having impact on leaderboard.
— Eric Balchunas (@EricBalchunas) June 3, 2024
BlackRock’s IBIT and Fidelity FBTC have seen net inflows of $16.6 billion and $8.9 billion, respectively, since their launch on January 11 this year, according to data from Farside Investor.
However, Vanguard, which does not offer any Bitcoin ETFs, has seen total ETF inflows this year reach $102.8 billion, compared with $65.1 billion for BlackRock.
This article US Bitcoin Spot ETF saw a total net inflow of US$105 million yesterday, showing net inflows for 15 consecutive days. First appeared on Zombit.