Bitcoin Spot ETF, Inflow Turns in One Day… Attracts $319.56 Million

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The U.S. Bitcoin spot ETF market, which showed an outflow trend the previous day, turned to net inflow within a day. Funds were reinvested, centered on large ETFs, showing signs of recovery in investment sentiment.

According to Soso Value's aggregated data on the 14th (local time), $319.56 million (445.9 billion won) flowed into the U.S. Bitcoin spot ETF market.

The market, which had shown an outflow of $96.14 million after four days of net inflow, successfully converted to inflow within a day.

The ETFs that saw inflow on this day were BlackRock IBIT ($232.89 million), Fidelity FBTC ($36.13 million), Grayscale Mini BTC ($35.23 million), VanEck HODL ($7.32 million), Ark·21Shares ARKB ($5.16 million), and Bitwise BITB ($2.82 million). No additional fund inflow or outflow was seen in the remaining 6 ETFs.

The cumulative inflow of Bitcoin spot ETFs was recorded at $41.4 billion.

The total daily trading volume was $2.74 billion (3.823 trillion won), with the highest trading volumes occurring in BlackRock IBIT ($2.27 billion), Fidelity FBTC ($168.57 million), and Grayscale GBTC ($109.17 million).

The total net asset value of Bitcoin spot ETFs is $121.84 billion, accounting for 5.92% of the total Bitcoin supply.

Based on net asset value, BlackRock IBIT ($65 billion), Fidelity FBTC ($20.55 billion), and Grayscale GBTC ($19.45 billion) ranked 1st to 3rd.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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