Bitcoin

Spot

<p>The spot <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" data-type="post" data-id="64778">Bitcoin</a> ETFs have again witnessed some inflows. SpotOnChain, the popular platform offering precise crypto data to investors, has disclosed that BTC Spot ETFs effectively gained $73 million worth of inflows on June 28. The number is 6 times higher than that of the previous day. The platform took to X to provide the details of the respective inflows in terms of the individual ETFs.</p> 
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   <p lang="en" dir="ltr">🚨 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$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 28, 2024: +$73M!<br><br>• The net inflow remains positive for 4 days.<br><br>• <a href="https://twitter.com/hashtag/BlackRock?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BlackRock</a> (IBIT) finally received a large inflow ($82.4M) after 13 days of stagnant flows.<br><br>• <a href="https://twitter.com/hashtag/Grayscale?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Grayscale</a> (GBTC) still saw the largest outflow of the day (-$27.2M).<br><br>• The… <a href="https://t.co/RL5GJytBaB" target="_blank">pic.twitter.com/RL5GJytBaB</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1806903353231962525?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 29, 2024</a>
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<h2 class="wp-block-heading" id="bitcoin-spot-etfs-experience-cumulative-inflows-of-73m-worth">Bitcoin Spot ETFs Experience Cumulative Inflows of $73M Worth</h2> 
<p>In its latest social media post, it noted that GBTC saw 1-day outflows of up to $27 million. As a result of this, the ETF now possesses up to $16.51 billion worth of net assets. As per the analytics company, this figure maintains Grayscale’s position as the ETF seeing the biggest 1-day outflow. On the other hand, the popular ETF BlackRock finally experienced a huge inflow.</p> 
<p>It reportedly efficiently pocketed a significant amount of $82.4 million in terms of inflows. SpotOnChain added that the exchange-traded fund has witnessed such a massive inflow following thirteen days. During this period the ETF has been going through stagnant flows. Contrarily, Fidelity’s exchange-traded fund also recorded outflows. Hence the FBTC ETF reportedly incurred nearly $25 million worth of outflows in 1 day.</p> 
<h2 class="wp-block-heading" id="the-cumulative-inflow-of-ten-us-btc-etfs-again-touches-14-52b-following-117-days">The Cumulative Inflow of Ten US BTC ETFs Again Touches $14.52B Following 117 Days</h2> 
<p>Apart from that, the analytics provider also discussed the flows of ARKB ETF. The exchange-traded fund beheld substantial inflows although they were less than that of IBIT. It saw nearly 42.6M in terms of 1-day inflows. <a href="https://spotonchain.com/" target="_blank" rel="noopener">SpotOnChain</a> also revealed that the cumulative inflow of ten US BTC ETFs has again reached the $14.52B spot following 117 days of trading.</p>

Bitcoin Spot ETFs See $73M Worth of Cumulative Inflows

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