May 10, 04:01
SOC Team
Bitcoin ETF Net Inflow Update on May 9, 2024
Outflow
Related addresses
The Bitcoin Spot ETF Net Inflow on May 9, 2024, is recorded at -$11.3M!
Notably, below are a few key updates on the statistics of 10 Bitcoin Spot ETFs:
- The net inflow returned to being negative after just one day of being positive.
- The cumulative total net inflow after 83 trading days dropped to $11.76B again.
- Grayscale Bitcoin Trust (GBTC) experienced an outflow of $43.4M again.
- While 6 out of 10 US Bitcoin EFTs had single-day inflows, led by BlackRock iShares Bitcoin Trust (IBIT) with $14.2M, the overall inflow volume remained small and could not outweigh Grayscale's.
Follow @spotonchain and check out the latest data via this link.
Fig 1. 30-Day Net Inflow of 10 Bitcoin ETFs.