Bitcoin

April

BlackRock

<ul class="news-points">
 <li><strong>On Tuesday, U.S. Bitcoin spot ETFs experienced an outflow of $19.48 million.&nbsp;</strong></li>
 <li><strong>BlackRock’s ETF had the most significant inflow of the day, at $128.7 million.</strong></li>
 <li><strong>Grayscale experienced a substantial outflow of $154.9 million on April 9, countering the inflows from BlackRock, Bitwise, and Fidelity.</strong></li>
</ul>
<p>The <a href="https://coinedition.com/tag/bitcoin-etf/" rel="noopener noreferrer nofollow">U.S. Bitcoin spot Exchange-Traded Funds (ETFs)</a> landscape has witnessed the second-day consecutive negative flow, primarily influenced by Grayscale’s unyielding outflows. In particular, public records of the funds that entered Bitcoin spot ETFs on Tuesday, April 9, suggest that the market experienced an outflow of $19.48 million.&nbsp;</p>
<p>The crypto surveillance account of Colin Wu recently called attention to the development in a recent post on X.&nbsp;</p>
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">On April 9, the total net outflow of Bitcoin spot ETFs was $19.48 million. Grayscale ETF GBTC had a net outflow of $154 million on a single day, and BlackRock ETF IBIT had a net inflow of $128 million on a single day.<a href="https://t.co/npjWVH3bMi" target="_blank" rel="noopener noreferrer nofollow">https://t.co/npjWVH3bMi</a></p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1777915474837397921?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 10, 2024</a>
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<p>BlackRock iShares Bitcoin Trust (IBIT) had the most significant inflow of the d…</p>
<p>The post <a href="https://coinedition.com/grayscales-155m-outflow-counteracts-inflows-from-blackrock-bitwise-fidelity/" rel="noopener noreferrer nofollow">Grayscale’s $155M Outflow Counteracts inflows from BlackRock, Bitwise, Fidelity</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Grayscale’s $155M Outflow Counteracts inflows from BlackRock, Bitwise, Fidelity

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