Bitcoin Spot ETF Net Inflow for 6 Consecutive Trading Days… $412.2 Million

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The US Bitcoin spot ETF market recorded a net inflow of $412.2 million in a single day.

According to Soso Value's compilation on the 16th (local time), a total of $412.2 million (approximately 568.6 billion won) was net inflow in the US Bitcoin spot ETF market.

This marks the 6th consecutive day of inflows following the 9th ($38.627 million), 10th ($43.112 million), 11th ($16.457 million), 12th ($8.631 million), and 13th ($32.26 million).

On this day, funds were injected into 6 ETFs: ▲BlackRock IBIT ($26.66 million) ▲Fidelity FBTC ($82.96 million) ▲Bitwise BITB ($41.38 million) ▲Grayscale GBTC ($12.84 million) ▲Grayscale Mini BTC ($4.81 million) ▲Ark·21Shares ARKB ($3.61 million). The remaining 6 ETFs had no additional fund inflows or outflows.

The cumulative inflow of Bitcoin spot ETFs was recorded at $4.604 billion.

The daily trading volume of the entire ETF market was $3.12 billion (approximately 4.304 trillion won), maintaining the same level as the previous trading day.

The top trading volume items are ▲BlackRock IBIT ($3.2 billion) ▲Fidelity FBTC ($277.14 million) ▲Grayscale GBTC ($193.17 million).

The total net assets are $132.5 billion, occupying approximately 6.13% of the total Bitcoin supply.

The top 3 ETFs based on total net assets are ▲BlackRock IBIT ($73.25 billion) ▲Fidelity FBTC ($21.51 billion) ▲Grayscale GBTC ($20.215 billion).

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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