US spot bitcoin ETFs see $65 million in net outflows, ending 19-day inflow streak | Headlines | News | CoinMarketCap
06/11/2024 12:06
The 11 U.S. spot bitcoin exchange-traded funds saw a daily net outflow of $64.93 million on Monday, ending their longest inflow streak of 19 …
The 11 U.S. spot bitcoin exchange-traded funds saw a daily net outflow of $64.93 million on Monday, ending their longest inflow streak of 19 days.
Grayscale's GBTC led the pack in outflows this week, totaling $40 million. Other funds also saw investor redemptions on Monday, with Invesco and Galaxy Digital's BTCO experiencing net outflows of $20 million, according to data from SosoValue. Valkyrie's bitcoin ETF also reported net outflows of $16 million. Fidelity's FBTC, saw $3 million in net outflows, marking its first negative flow since May 2.
BlackRock’s IBIT, the largest spot bitcoin ETF in terms of net assets, recorded net inflows of $6 million, while Bitwise’s BITB recorded $8 million of inflows.
The record-setting 19-day inflow streak that ended last Friday accumulated …