Flow

Bitcoin

Spot

BlackRock

<p>The recent days have seen a stunning fluctuation in the net inflows of <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" data-type="post" data-id="64778">Bitcoin</a> ETFs. As per SpotOnChain, the popular on-chain analytics firm, the BTC ETFs experienced a slump of up to $14 million in terms of their net inflows on July 2. The platform took to its social media account to reveal this development.</p> 
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   <p lang="en" dir="ltr">🚨 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$BTC</a> <a href="https://twitter.com/hashtag/ETF?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#ETF</a> Net Inflow July 2, 2024: -$14M!<br><br>• The net inflow turned slightly negative after being positive for 5 days.<br><br>• <a href="https://twitter.com/hashtag/Grayscale?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Grayscale</a> (GBTC) saw an outflow of $32.4M, larger than the sum of all other Bitcoin ETFs' inflows.<br><br>• <a href="https://twitter.com/hashtag/BlackRock?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BlackRock</a> (IBIT) had the largest inflow of the… <a href="https://t.co/GvXMN34Gq6" target="_blank">pic.twitter.com/GvXMN34Gq6</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1808354878663938277?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 3, 2024</a>
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<h2 class="wp-block-heading" id="bitcoin-spot-etfs-again-see-negative-inflows-on-july-2">Bitcoin Spot ETFs Again See Negative Inflows on July 2</h2> 
<p>In its new post on X, the company mentioned that exchange-traded funds have recently been turning negative. According to the on-chain analytics company, this slightly negative momentum has been occurring over the last 5 trading days. In addition to this, <a href="https://spotonchain.com/" target="_blank" rel="noopener">SpotOnChain</a> also provided the individual positions of the Bitcoin exchange-traded funds.</p> 
<h2 class="wp-block-heading" id="grayscale-s-single-day-outflow-exceeds-the-cumulative-inflows-of-the-rest-of-the-etfs">Grayscale’s Single-Day Outflow Exceeds the Cumulative Inflows of the Rest of the ETFs</h2> 
<p>In this respect, the company pointed out that Grayscale ETF (GBTC) took the top position in the list. The exchange traded fund reportedly saw an outflow of up to $32.4 million. The respective amount is reportedly bigger than the cumulative inflows of the rest of the Bitcoin ETFs. Contrary to Grayscale, the BlackRock ETF (IBIT) remained effective in making some inflows.</p> 
<p>The exchange-traded fund witnessed a per-day inflow of nearly $14.1 million on July 2. Apart from that, the BITB ETF saw a plunge of almost $6.8 million. The analytics platform also brought to the front that BTCW, EZBC, BTCO, and BRRR did not see any inflows at all. However, ARKB and FBTC secured inflows of approximately $2.5M and $5.4M respectively.</p>

Bitcoin Spot ETFs’ Flow Turns Negative Once Again

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