Bitcoin Spot ETFs Experience $284 Million in Outflows on Monday
On Monday, Bitcoin spot ETFs experienced significant activity, with a notable outflow of capital. Investors withdrew $284 million from these funds.
- Fidelity's FBTC led the outflows with $113.64 million
- Grayscale Bitcoin Trust ETF (GBTC) saw an outflow of $89.08 million, totaling $21.656 billion in historical net outflows
- ARK 21 Shares’ ARKB and Bitwise’s BITB recorded outflows of $92.36 million and $18.64 million respectively
BlackRock ETF Performance
BlackRock’s IBIT was the only fund to see inflows, gaining $29.46 million, bringing its cumulative net inflow to $3.7696 billion.
- Some funds like GBTC BTC and VanEck’s HODL had no net flow on that day
The total net asset value of Bitcoin spot ETFs is $105.05 billion, accounting for 5.67% of the overall Bitcoin market value. Historical cumulative net inflow across all Bitcoin spot ETFs stands at $35.93 billion.