
Apr 30, 2024

SOC Team
Bitcoin ETF Net Inflow Update on April 29, 2024
Outflow
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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.