US Bitcoin ETFs see largest inflows since May 6 as GBTC outflow stops again

Share This Post

Quick Take

Farside data reports that US Bitcoin (BTC) exchange-traded funds (ETFs) recorded the biggest inflow since May 6, totaling $66.0 million.

Leading the charge was Fidelity’s FBTC, which saw a $38.6 million inflow, bringing its total net inflow to an impressive $8.2 billion. Bitwise’s BITB followed closely, attracting a $20.3 million inflow – its largest since May 3 – and taking its total net inflow to $1.8 billion. VanEck’s Hodl ETF also experienced a significant inflow of $7.1 million, its biggest since May 3, raising its total inflow to $487.4 million. Notably, Grayscale’s GBTC did not witness any outflows or inflows, marking only the second time this has occurred since its launch, according to Farside data.

According to farside data, the total net inflows for all US BTC ETFs now stand at an impressive $11.7 billion.

BTC ETF Flow Table: (Source: Farside)
BTC ETF Flow Table: (Source: Farside)

According to heyapollo, BlackRock IBIT is now 14,651 BTC behind GBTC, holding 274,836 BTC compared to GBTC’s 289,487 BTC. The new nine BTC ETFs collectively hold roughly 538,000 BTC.

BTC Holdings: (Source: Heyapollo)
BTC Holdings: (Source: Heyapollo)

The total net inflows for all US BTC ETFs now stand at an impressive $11.7 billion.

The post US Bitcoin ETFs see largest inflows since May 6 as GBTC outflow stops again appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Why Is Crypto Crashing Today?

The post Why Is Crypto Crashing Today appeared first on Coinpedia Fintech News The crypto market is facing a massive sell-off, wiping out over $400 billion in just 24 hours Major cryptocurrencies

Pro-XRP Lawyer Deaton Says ‘War Against Crypto Not Dead’, Here’s Why

The post Pro-XRP Lawyer Deaton Says ‘War Against Crypto Not Dead’, Here’s Why appeared first on Coinpedia Fintech News Attorney and founder of Crypto Law, John Deaton, took to his social media

Crypto News: Japan’s Finance Minister Promises Major Changes to Crypto Tax by June 2025

The post Crypto News: Japan’s Finance Minister Promises Major Changes to Crypto Tax by June 2025 appeared first on Coinpedia Fintech News Japan’s Finance Minister, Katsunobu Kato, announced

Charles Hoskinson to Launch PAC Aiming to Make Wyoming Tech

Input Output co-founder and CEO Charles Hoskinson said he will launch a political action committee push his vision of making Wyoming a hub for emerging technologies like blockchain and artificial

XRP Price Crashes Hard: Is There a Recovery in Sight?

XRP price started a major decline below the $300 zone The price is down over 25% and there was a spike below the $200 support zone XRP price started a fresh decline below the $280 and $250 levels The

Ethereum Price Tanks 25%: What’s Next After the Major Decline?

Ethereum price started a fresh decline below the $3,000 zone ETH is down over 25% and the bears seem to be in control below $2,770 Ethereum started a fresh decline below the $3,000 support zone The