U.S. spot bitcoin exchange-traded funds are currently in their longest positive inflow cycle since listing, recording net inflows for the 18th consecutive day on Thursday.
The 11 funds saw a total of $217.78 million in net inflows, with the majority of inflows coming from BlackRock’s IBIT, the largest spot bitcoin ETF by net assets. According to SoSoValue, IBIT attracted $350 million worth of net inflows on Thursday.
Fidelity and VanEck’s bitcoin ETFs also saw net inflows, but significantly less than BlackRock’s. On the other hand, Ark Invest’s ARKB recorded $96.6 million in net outflows, one of the largest outflows from the ETF. Grayscale’s converted GBTC recorded $37.5 million in net outflows, and Bitwise’s BITB recorded $3 million in net outflows. The remaining five spot bitcoin ETFs, including Invesco’s BTCO, saw zero inflows on Thursday. Combined with the recent string of net inflows, the 11 spot Bitcoin ETFs have seen a cumulative net inflow of $15.56 billion since their inception in January. According to The Block’s data dashboard, inflows appear to have recovered from the stagnation in April and May, but are still below the peak in March. #5月非农数据即将公布 #美国4月核心PCE指标显示通胀放缓 #现货以太坊ETF获美SEC批准 #BTC走势预测