BlackRock’s IBIT Takes Back the Lead as Spot Bitcoin ETFs Continue Their Inflow Streak

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Almost $220 million was once again poured into the spot Bitcoin ETFs yesterday, June 6, thus extending the consecutive inflow streak to 18 trading days in a row.

The landscape has been entirely different since then, as the most obvious reason for the change of heart could be attributed to the US inflation data.ever in terms of inflows, with $886.6 million. The numbers for June 5 stood at $488.1 million and $217.7 million for yesterday. However, that changed yesterday when IBIT attracted $349.9 million, while FBTC saw only $3.1 million going in. Grayscale’s GBTC, which has experienced massive outflows since its conversion from a close-end fund to a spot ETF, had $37.6 million taken out of it.

 

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