U.S. spot bitcoin exchange-traded funds recorded their second highest daily net inflows since listing, drawing in $886.75 million worth of funds on June 4. The highest record for daily net inflows from spot bitcoin funds is from March 12, where the funds saw inflows of $1.05 billion.
Ark Invest and 21Shares’ ARKB saw inflows of $139 million, and Bitwise’s BITB also recorded $61 million worth of inflows. Grayscale’s GBTC drew in $28 million, which is its third largest net inflows since its conversion. VanEck and Valkyrie’s ETFs also made single-digit net inflows. The spot bitcoin ETFs have accumulated a total net inflow of $14.57 billion since their inception. Meanwhile, the total volume of flows in the U.S. spot bitcoin ETFs remained lower than their peak in March, The Block’s data dashboard showed.
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Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflowsU.S. spot Bitcoin ETFs on June 4 saw their second-highest net inflow day in their five-month history, with $887 million flowing into the 11 funds.
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