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Apr 30, 2024

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SOC Team

Bitcoin ETF Net Inflow Update on April 29, 2024

Outflow

The Bitcoin Spot ETF Net Inflow on April 29, 2024, is recorded at -$52M!

 

Notably, below are a few key updates on the statistics of 10 Bitcoin Spot ETFs:

  • The net inflow has been negative for 4 consecutive trading days.
  • The cumulative total net inflow after 75 trading days further dropped to $11.94B, the lowest level in the past 22 trading days.
  • The single-day outflow of Grayscale Bitcoin Trust (GBTC) further dropped from $83.6M to $24.7M.
  • ARK 21Shares Bitcoin ETF (ARKB) had the largest outflow of the day at $31.3M.
  • BlackRock iShares Bitcoin Trust (IBIT) continued to have zero flow for 4 consecutive trading days.

 

Follow @spotonchain and check out the latest data via this link.

 

Fig 1. 30-Day Net Inflow of 10 Bitcoin ETFs.

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