Spot bitcoin ETFs report sixth consecutive day of net inflows | Headlines | News | CoinMarketCap

05/21/2024 12:16
Spot bitcoin ETFs report sixth consecutive day of net inflows | Headlines | News | CoinMarketCap

U.S. spot bitcoin exchange-traded funds reported yet another day of total net inflows on Monday, drawing in $241.12 million. This marks the sixth …

U.S. spot bitcoin exchange-traded funds reported yet another day of total net inflows on Monday, drawing in $241.12 million. This marks the sixth consecutive day of inflows, which is the longest positive streak the funds have seen since mid-March. 

Ark Invest and 21Shares’ spot bitcoin ETF added $68 million worth of funds, followed closely by BlackRock’s IBIT, which saw a net inflow of $66 million, according to data from SoSoValue. Fidelity’s FBTC reported a net inflow of $64 million, while the spot ETF from Bitwise recorded an inflow of $28 million. 

Grayscale’s GBTC, which had seen mostly net outflows until recently, managed to draw in $9 million worth of net inflows. WisdomTree’s BTCW fund added $5 million. 

Combined, the 11 spot bitcoin ETFs saw total net inflows of …

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