Back

US Bitcoin Spot ETFs Experience $278.4 Million Net Outflow

This week, U.S. Bitcoin spot ETFs saw a net outflow of $131.6 million, with BlackRock's IBIT showing resilience amidst broader declines in the market.

BTC

Summary

This week, U.S. Bitcoin spot ETFs experienced a net outflow of $131.6 million, as reported by Farside Investors. BlackRock's IBIT recorded a net inflow of $81.1 million, contrasting with Fidelity's FBTC and ARK's ARKB, which faced outflows of $167.7 million and $24.5 million, respectively.

Terms & Concepts
  • Bitcoin spot ETF: An exchange-traded fund that directly holds Bitcoin, allowing investors to trade shares that reflect the price of the cryptocurrency.
  • net outflow: The total amount of money withdrawn from investment funds, indicating a reduction in investor capital.
  • historical inflows: The cumulative amount of money that has been invested in a fund since its inception.