The Bitcoin Spot ETF Net Inflow on May 2, 2024, is recorded at -$34M!

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

• The net inflow has been negative for 7 consecutive trading days, marking the longest streak ever.
• The cumulative total net inflow after 78 trading days was further lowered to $11.18B, the lowest level in the past 36 trading days.
• 4 Bitcoin ETFs started to experience single-day inflows again, with the ARK 21Shares Bitcoin ETF (ARKB) having the largest inflow at $13.3M.
• BlackRock iShares Bitcoin Trust (IBIT) continued to experience zero inflow and has experienced outflows or zero inflow for 7 days in a row.
• Grayscale Bitcoin Trust (GBTC) decreased its single-day outflow from $167M to $54.9M.

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