📢Blockchain News Express! Bitcoin spot ETF liquidity has slowed, but Blackstone's iShares Bitcoin Trust (IBIT) still maintains a record of positive daily flows, becoming the only Bitcoin spot ETF that has continued to experience net inflows since trading began. 📈
🔍Recent data shows that enthusiasm for Bitcoin spot ETFs seems to have weakened, and the speed of inflows can no longer keep up with the rapid outflows of Grayscale Bitcoin Trust. In the week ending April 12, the entire spot ETF saw a total net outflow of 1,766 Bitcoin. 😮
📉Last Friday and Monday, Fidelity's Bitcoin Fund (FBTC) had zero inflows, breaking the daily accumulation record since its launch on January 11. In most other funds, including Invesco Galaxy Bitcoin ETF (BTCO), VanEck Bitcoin Trust (HODL) and Valkyrie Bitcoin Fund (BRRR), zero inflows and even occasional outflows have become the norm. 📊
👨💼James Seyffart, ETF analyst at Bloomberg Intelligence, believes this is normal, noting that about 83% of all ETFs in the US market did not see any inflows on Monday. 👌
🚀Nevertheless, we remain optimistic about the outlook for Bitcoin! Let's look forward to the next development of Bitcoin together! 🎉