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May 24, 2024

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SOC Team

Bitcoin ETF Net Inflow Update on May 23, 2024

Inflow

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.

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