US Bitcoin Spot ETF, 2nd consecutive day of fund inflow… $76.42 million

This article is machine translated
Show original

The US Bitcoin spot ETF market is continuing its rebound trend by recording capital inflows for two consecutive days, breaking the downward trend. With major ETFs like BlackRock, ARK, and Bitwise attracting funds, the institutional investment sentiment is gradually recovering.

According to Soso Value's data on the 15th (local time), $76.42 million (approximately 10.911 billion won) flowed into the US Bitcoin spot ETF market.

The market, which had seen outflows for seven consecutive trading days since the 3rd of this month, continued its net inflow trend for two consecutive days, following a $1.47 million inflow the previous day.

On this day, five ETFs attracted new funds: ▲BlackRock IBIT ($38.22 million) ▲ARK·21Shares ARKB ($13.42 million) ▲Bitwise BITB ($10.98 million) ▲Grayscale mini BTC ($8.93 million) ▲Franklin EZBC ($4.87 million).

The remaining 7 ETFs did not see additional fund inflows or outflows.

The cumulative inflow of Bitcoin spot ETFs was recorded at $3.544 billion.

The total daily trading volume was $1.6 billion, with the highest trading volumes for ▲BlackRock IBIT ($1.16 billion) ▲Fidelity FBTC ($220.98 million) ▲Grayscale GBTC ($76.74 million).

The total net asset value of Bitcoin spot ETFs is $93.72 billion, accounting for 5.62% of the total Bitcoin supply.

Based on net asset value, ▲BlackRock IBIT ($48.07 billion) ▲Fidelity FBTC ($16.44 billion) ▲Grayscale GBTC ($15.97 billion) ranked 1st to 3rd.

Get news in real-time...Go to Token Post Telegram

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

#DailyBitcoinETF#2TradingDaysConsecutive#NetInflow#BlackRock#ARK21Shares

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments