BlackRock’s Bitcoin ETF Extends Into Inflow Streak

04/24/2024 15:00
BlackRock’s Bitcoin ETF Extends Into Inflow Streak

BlackRock, Bitwise, and Ark were able to offset Grayscale's outflows

On Tuesday, Bitcoin ETFs managed to record $31.6 million of net flows, according to the latest data provided by London-based investment management firm Farside Investors. 

BlackRock's IBIT managed to extend its streak of inflows, recording 71 days in the green.    

Ark's ARB and Bitwise's BITB also saw decent inflows ($33.3 and $23.3, respectively). 

Fidelity's $4.4 saw relatively modest inflows of just $4.4 million, lagging behind its competitors after recently breaking its streak of uninterrupted daily inflows. 

In the meantime, Grayscale's GBTC saw significant outflows that approached $67 million. 

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