The US spot Bitcoin exchange-traded fund recorded net outflows yesterday after four consecutive days of inflows.
The main reason was Grayscale’s GBTC Spot ETF, which had net outflows of more than $303 million in one day. All other Bitcoin ETFs recorded net inflows, led by Bitwise Bitcoin ETF’s net inflows of over $40 million and BlackTock’s iShares Bitcoin Trust’s net inflows of over $21 million. It is said that there is. data From SoSoValue.
In total, total net outflows between Spot Bitcoin ETFs amounted to nearly $224 million.
If you look at the past week, Bitcoin is worth about $1 billion. flowed It entered the U.S. Bitcoin ETF, with BlackRock products making up the majority.
Overall, the cumulative volume of Spot Bitcoin ETFs has declined at a steady rate since its peak in early March.
According to The Block’s Bitcoin price page, the price of Bitcoin is currently over $70,500.
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