Bitcoin ETF

Bitcoin

Grayscale Bitcoin Trust

<h2 id="key-points">Key Points</h2>
<ul>
 <li>US spot Bitcoin ETFs experienced a net outflow of over $51.5 million.</li>
 <li>Six spot Bitcoin and Ether ETFs debuted on the Hong Kong Stock Exchange.</li>
</ul>
<p>US spot <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a> exchange-traded funds (ETFs) saw a significant decrease of over $51.5 million in net outflows.</p>
<p>The ARK 21Shares Bitcoin ETF and the Grayscale Bitcoin Trust were among the most affected, with outflows of $31.34 million and $24.66 million respectively. The Fidelity Wise Origin Bitcoin Fund also recorded a net outflow of $6.85 million.</p>
<h2 id="some-funds-experience-inflows">Some Funds Experience Inflows</h2>
<p>Despite the general trend, some Bitcoin ETFs saw net inflows. The Bitwise Bitcoin ETF recorded the highest net inflow of $6.84 million. Other funds like the Valkyrie Bitcoin Fund and Franklin Bitcoin ETF also experienced inflows of $2.67 million and $1.82 million respectively.</p>
<p>Since gaining regulatory approval and listing, US spot Bitcoin ETFs have collectively recorded nearly $12 billion in net inflows. However, volumes have been on a decline since peaking on March 5.</p>
<h2 id="hong-kong-stock-exchange-lists-new-etfs">Hong Kong Stock Exchange Lists New ETFs</h2>
<p>While US-listed spot Bitcoin ETFs have been in focus recently, the spotlight has shifted to the Hong Kong Stock Exchange. The exchange listed six spot Bitcoin and <a href="https://crypto.ro/en/cryptocurrencies/ethereum/" rel="noopener noreferrer nofollow">Ether</a> ETFs.</p>
<p>These include the Bosera HashKey Bitcoin ETF, Bosera HashKey Ether ETF, ChinaAMC Bitcoin ETF, ChinaAMC Ether ETF, Harvest Bitcoin Spot ETF, and Harvest Ether Spot ETF.</p>

Bitcoin ETF Continues to Bleed, Shedding Another $51.5 Million in the US Market

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