Bitcoin Spot ETFs Witness $149 Million Net Outflow
CryptoNewsTerminal Staff06 Aug, 2024
Bitcoin Spot ETFs Witness $149 Million Net Outflow
Reports indicate that 11 Bitcoin spot ETFs operating in the US registered a combined net outflow of $149 million on August 6 (local time), as revealed by data from Trader T. Of particular note is BlackRock's iBIT, which has exhibited zero net flows for two straight trading sessions. Fidelity's FBTC recorded the highest net outflow at -$64.5 million, followed by Grayscale's GBTC (-$32.2 million), Ark 21Shares' ARKB (-$28.9 million), and Franklin Templeton's EZBC (-$23 million). Notably, none of the other ETFs observed any net inflows.
