
May 24, 2024

SOC Team
Bitcoin ETF Net Inflow Update on May 23, 2024
Inflow
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The Bitcoin Spot ETF Net Inflow on May 23, 2024, is recorded at $108M!
Notably, below are a few key updates on the statistics of 10 Bitcoin Spot ETFs:
- The net inflow remained positive for 9 consecutive trading days, but the inflow volume appears to be declining.
- Grayscale Bitcoin Trust (GBTC) has had 2 consecutive days of small outflows.
- BlackRock's iShares Bitcoin Trust (IBIT) continued to experience the largest inflow of the day, with an inflow of $89M.
- The cumulative total net inflow of 10 US Bitcoin ETFs after 93 trading days now stood at $13.43B.
Follow @spotonchain and check out the latest data via this link.
Fig 1. 30-Day Net Inflow of 10 Bitcoin ETFs.