Bitcoin ETF

Bitcoin

Notable

Spot

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Following five consecutive days of outflows, spot Bitcoin ETFs recorded a net inflow on Monday.</li>
 <li>Fidelity’s FBTC and BlackRock’s IBIT saw significant inflows, while Grayscale’s GBTC experienced an outflow.</li>
</ul>
<p>After a five-day streak of outflows, spot <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a> exchange-traded funds (ETFs) witnessed a net inflow.</p>
<p>The total net inflow into these specific ETFs on Monday amounted to $15.7 million. This comes after consecutive single-day outflows reaching up to $326.2 million.</p>
<h2 id="notable-inflows-and-outflows">Notable Inflows and Outflows</h2>
<p>Fidelity’s FBTC observed the highest single-day net inflow of approximately $261 million. Concurrently, BlackRock’s IBIT saw an inflow of around $35.5 million. Conversely, Grayscale’s GBTC experienced a single-day net outflow of $350 million.</p>
<p>The enthusiasm for spot Bitcoin ETFs has slightly cooled off in recent days. This is in contrast to the initial excitement when these products first entered the market.</p>
<h2 id="trends-in-asset-management-and-volumes">Trends in Asset Management and Volumes</h2>
<p>Assets under management for spot Bitcoin ETFs — excluding GBTC — have remained steady over the past two weeks, hovering around $30.62 billion. Spot Bitcoin ETF volumes have also been on a consistent decline from their early March peak of nearly $10 billion. On Friday, volumes of $3.1 billion were reported.</p>

Bitcoin ETFs Reverse Course with Inflows After Five-Day Downtrend

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