{"id":137042,"date":"2024-09-10T16:00:05","date_gmt":"2024-09-10T13:00:05","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137042"},"modified":"2024-09-10T12:14:17","modified_gmt":"2024-09-10T09:14:17","slug":"blackrocks-bitcoin-trust-faces-outflows-while-other-bitcoin-etfs-see-inflows","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/blackrocks-bitcoin-trust-faces-outflows-while-other-bitcoin-etfs-see-inflows\/","title":{"rendered":"BlackRock\u2019s Bitcoin Trust Faces Outflows, While Other Bitcoin ETFs See Inflows"},"content":{"rendered":"

However, net flows into US spot Bitcoin<\/a><\/strong> ETFs saw a positive reversal, ending an eight-day streak of outflows, per recent data<\/a><\/strong>.<\/p>\n

The IBIT outflow on Monday followed a similar withdrawal on August 29 and a short period of no activity in early September. Despite this, the fund has generally seen steady inflows, amassing nearly $21 billion and holding over 350,000 Bitcoin. The first significant outflow occurred on May 1, when $37 million was withdrawn.<\/p>\n

On the same day, the Fidelity Wise Origin Bitcoin Fund (FBTC) attracted over $28 million, bringing its total net inflows to nearly $9.5 billion after eight months. Additionally, the Bitwise Bitcoin ETF (BITB) garnered $22 million, and the ARK 21Shares Bitcoin ETF (ARKB) saw about $7 million in net capital, with the Invesco Galaxy Bitcoin ETF (BTCO) gaining around $3 million.<\/p>\n