According to preliminary statistics from Farside Investors, the total net inflow of U.S. Bitcoin spot exchange-traded funds (ETF) yesterday (11th) was approximately $78.9 million, marking the fifth consecutive trading day with net inflows.
U.S. Bitcoin Spot ETF Daily Fund Flows (Source: SoSo Value)
The Bitcoin spot ETF with the largest net inflows yesterday was IBIT issued by BlackRock, with an amount of $72.1 million. This was followed by FBTC issued by Fidelity with $32.7 million. The only Bitcoin spot ETF to show a net outflow yesterday was GBTC issued by Grayscale, with an amount of $37.7 million.
Source: Farside Investors
While these ETFs have continued to see net inflows this week, Bitcoin (BTC) prices have not seen major gains following last weekend’s rally, continuing to consolidate within a price range of $54,000 to $59,600 over the past five days. Bitcoin was trading around $57,000 at press time.
Bitcoin price trend over the past 5 months (Source: TradingView)
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