Bitcoin ETF

Grayscale Bitcoin Trust

<ul class="news-points">
 <li><strong>There was a total net inflow of $100.5 million into the Bitcoin spot ETF market on May 14.</strong></li>
 <li><strong>Ark Invest accounted for the inflow lion’s share with a $133 million total net inflow.</strong></li>
 <li><strong>Grayscale’s GBTC recorded a net outflow of approximately $51 million on the same day.</strong></li>
</ul>
<p>According to data from Soso Value, there was a total net inflow of $100.5 million into the Bitcoin spot ETF market on Tuesday, May 14, 2024. Delving into the inflow details reveals Ark Invest and 21Shares ETF (ARKB) accounted for the lion’s share of the total inflow.</p>
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   <p lang="en" dir="ltr">According to SoSoValue, total net inflows into Bitcoin spot ETFs on May 14 were $100.5 million. Grayscale ETF GBTC had a single-day net outflow of $50.9317 million, Ark Invest and 21Shares ETF ARKB had a single-day net inflow of US$133 million, and the total net asset value of… <a href="https://t.co/lUwl8UV87B" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/lUwl8UV87B</a></p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1790594158446743837?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 15, 2024</a>
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<p>Meanwhile, the Grayscale Bitcoin Trust (GBTC) continued with persistent outflow, recording a total net outflow of approximately $51 million. That made GBTC the only Bitcoin spot ETF product with a negative inflow on the day.&nbsp;</p>
<p>With the latest figures, the total net assets of the …</p>
<p>The post <a href="https://coinedition.com/bitcoin-etf-experienced-100m-net-inflow-despite-gbtc-50m-outflow/" rel="noopener noreferrer nofollow">Bitcoin ETF Experienced $100M Net Inflow Despite GBTC $50M Outflow</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin ETF Experienced $100M Net Inflow Despite GBTC $50M Outflow

Coin Edition

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