##bitcoin #ETFs Inflows into U.S. spot bitcoin ETFs fell to about $218 million
-- On June 6, the U.S. spot bitcoin-ETF sector recorded a net inflow of $217.78 million.
-- The positive trend has continued for 18 consecutive trading days.
-- Three funds saw inflows, three recorded outflows.
June 6, 2024 U.S. spot bitcoin-ETFs recorded $217.78 million in capital inflows, according to SoSo Value. Note that the positive trend in the U.S. bitcoin funds sector has been maintained for the 18th consecutive trading day.
According to the platform, only three products received capital inflows on June 6. The crypto fund IBIT from BlacRock added $350 million to its balance sheet. FBTC from Fidelity took the second place by the inflow of funds - $3 million. The third is the investment product of VanEck - $2 million.
The largest outflow was recorded by ARKB from Ark Invest and 21Shares - $97 million. $38 million was withdrawn from the convertible fund from Grayscale (GBTC).
Another five crypto funds did not record either inflows or outflows of capital. The same trend is observed in the bitcoin and Ethereum-ETF sector in Hong Kong.
Recall that on June 4, U.S. spot bitcoin-ETFs recorded the second largest capital inflow of all time.