Spot bitcoin ETFs see $887 million in daily net inflows, the second highest so far

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Bitcoin Etf News

Coin Coin Latest News,Coin Coin Headlines

U.S. spot Bitcoin ETFs experienced their second highest daily net inflows on June 4, amounting to $886.75 million.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spot bitcoin ETFs see 11 straight days of net inflows as IBIT takes top spotBlackRock’s IBIT became the largest spot bitcoin fund in terms of net asset value, overtaking Grayscale’s GBTC.
Source: TheBlock__ - 🏆 464. / 53 Read more »

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.
Source: Cointelegraph - 🏆 562. / 51 Read more »

US spot bitcoin ETFs see $105 million in daily inflows, extending positive streak to 15 daysU.S. spot bitcoin exchange-traded funds recorded their 15th consecutive day of net inflows on Thursday, adding $105.12 million.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Hong Kong’s spot bitcoin and ether ETFs experience largest net daily outflows since debutThe three spot bitcoin ETFs saw 519.5 BTC pour out on Monday, while the ether ETFs recorded 2,270 ETH outflows, SosoValue data showed.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Hong Kong’s spot bitcoin ETFs saw second daily net outflows since debutThe three spot bitcoin ETFs in Hong Kong saw about 90.16 BTC leave the products on Thursday, according to SosoValue.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Crucial Negative Ethereum ETF Statement Made by Samson Mow, Here’s His MessageBitcoin maximalist Samson Mow says Bitcoin has no use for Ethereum ETFs
Source: Utoday_en - 🏆 295. / 63 Read more »