Bitcoin ETF

Bitcoin

Million

Spot

<p>On the 27<sup>th</sup> of June, the *BTC* ETFs reportedly recorded more inflows. As per SpotOnChain, the famous on-chain analytics forum, the exchange-traded funds have added above $12 million worth of net inflows. The platform took to its official social media account to reveal the details of the respective inflows. Yesterday, the inflows were worth $21M.</p> 
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   <p lang="en" dir="ltr">🚨 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$BTC</a> <a href="https://twitter.com/hashtag/ETF?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#ETF</a> Net Inflow June 27, 2024: +$12M!<br><br>• The net inflow has been positive but small for 3 consecutive trading days.<br><br>• <a href="https://twitter.com/hashtag/Grayscale?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Grayscale</a> (GBTC) experienced an outflow of $11.4M again after a day of inflow.<br><br>• <a href="https://twitter.com/hashtag/Bitwise?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitwise</a> (BITB) had the largest inflow yesterday at $8M.<br><br>•… <a href="https://t.co/sy38iTjO0a" target="_blank">pic.twitter.com/sy38iTjO0a</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1806554108008202394?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 28, 2024</a>
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<h2 class="wp-block-heading" id="bitcoin-etfs-record-inflows-for-three-consecutive-days">Bitcoin ETFs Record Inflows for Three Consecutive Days</h2> 
<p>It noted that the past three days have been witnessing a positive but little amount of inflows. The respective inflows denote optimism concerning the ETF sector. In addition to this, Spot On Chain also shared a chart providing the statistics of the individual exchange-traded funds. According to the analytics company, Grayscale’s ETF “GBTC” saw huge outflows.</p> 
<h2 class="wp-block-heading" id="bitb-sees-the-largest-inflows-of-8-million">BITB Sees the Largest Inflows of $8 Million</h2> 
<p>The ETF reportedly went through an outflow of nearly $11.4 million. This development has taken place following it experienced inflows on the previous day. Another prominent exchange-traded fund Bitwise (BITB) reportedly saw the biggest inflow. In line with the statistics of Spot On Chain, the ETF saw $8 million in terms of inflows. On the other hand, the IBIT ETF of BlackRock did not receive any flows.</p> 
<p>According to <a href="https://spotonchain.com/" target="_blank" rel="noopener">SpotOnChain</a>, the net flows of IBIT have been standing still at $0 throughout the whole trading week. The chart also disclosed the inflows of Fidelity’s FBTC. The ETF effectively added 6.7 million worth of inflows. Apart from that, Franklin <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/">Bitcoin</a> ETF recorded inflows of 3.6M worth. Additionally, Invesco Galaxy Bitcoin ETF secured 3.1M in net inflows.</p>

Bitcoin ETFs See Inclusion of More than $12 Million in Net Inflows

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