Bitcoin Spot ETF Sees $47.8 Million Net Outflow Amid BlackRock’s $130.5 Million Withdrawal
The post Bitcoin Spot ETF Sees $47.8 Million Net Outflow Amid BlackRock’s $130.5 Million Withdrawal appeared on BitcoinEthereumNews.com.
According to data from Farside Investors, the US Bitcoin spot ETF market experienced a significant net outflow of $47.8 million on June 6th. The largest withdrawal was recorded in BlackRock’s IBIT, which saw a substantial reduction of $130.5 million. Conversely, other ETFs demonstrated inflows, with Fidelity’s FBTC gaining $22.8 million, Bitwise’s BITB increasing by $31.8 million, and ARK’s ARKB adding $11.5 million. Additionally, VanEck’s HODL and Grayscale’s Mini BTC reported positive inflows of $7.4 million and $9.2 million respectively. This divergence in fund flows highlights shifting investor preferences within the Bitcoin ETF landscape, reflecting a nuanced market sentiment towards different fund managers and product structures. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/bitcoin-spot-etf-sees-47-8-million-net-outflow-amid-blackrocks-130-5-million-withdrawal/
Filed under: News - @ June 7, 2025 4:16 am