U.S. spot Bitcoin exchange-traded funds (ETFs) saw net outflows for the fifth day in a row, with outflows reaching $139.88 million on Thursday. According to data from SoSoValue, the U.S. Bitcoin spot ETF has experienced net outflows for the fifth consecutive day, with net outflows reaching $139.88 million yesterday.
Most ETFs maintained net outflows or had no flows whatsoever, with the only ETF recording net inflows being BlackRock's IBIT, which recorded around $1 million in net inflows yesterday.
Total ETF trading volume hit $1.16 billion on Thursday, down from $1.7 billion on Tuesday. Since their launch in January this year, these 11 Bitcoin spot ETFs have seen cumulative net inflows totaling $14.67 billion.
On the other hand, multiple ETF issuers are also actively pushing for the approval of Ethereum ETFs. According to previous reports by Zombit, the issuer of the Ethereum spot ETF received comments from the U.S. Securities and Exchange Commission (SEC) on its S-1 filing last week, and the issuer needs to revise and submit these documents by Friday.
This article U.S. Bitcoin spot ETF saw net outflows of approximately 140 million Mg, net outflows for the fifth consecutive day, first appeared on Zombit.
