There was a net inflow of $488 million into spot Bitcoin ETFs in the USA.

Total daily net inflows into spot Bitcoin #ETFs in the US on June 5 were $488 million. This entry was recorded as the 17th consecutive net entry. The longest positive streak seen earlier in the year has been achieved.

Exchange-traded funds announced that they saw a total daily inflow of $488.23 million yesterday, following the second-highest daily net inflows seen on Tuesday.

Leading the way in net inflows was Fidelity's FBTC with an inflow of $221 million. BlackRock's IBIT added $155 million, recording the second-largest net inflow among the funds.

Ark Invest and 21Shares' ARKB generated $71 million in revenue, while Bitwise's #BITB saw daily net inflows of $19 million. Grayscale's GBTC recorded a net inflow of $15 million, marking its second consecutive net inflow.

VanEck's fund reported net inflows of $4 million. Invesco and Galaxy Digital's fund also raised $4 million.

With this development, the number of daily net inflows of 11 spot Bitcoin ETFs reached the 17th consecutive day. It remains the longest streak of positive flows recorded in January and February.

Total trading volume for the 11 spot #Bitcoin ETFs reached $2.09 billion yesterday, compared to $2.78 billion on Tuesday and $1.78 billion on Monday .