Bitwise’s BITB received $8 million in net inflows yesterday. Grayscale’s GBTC had only $11.5 million in outflows. Eleven spot bitcoin ETFs in the US recorded net inflows of $11.80 million on Thursday, marking three consecutive days of positive performance, although at a pace compared to Tuesday’s inflows of $31 million.
SosoValue data reveals Bitwise’s BITB received $8 million in inflows, followed closely by Fidelity’s FBTC with net inflows of approximately $7 million. Franklin Templeton’s spot bitcoin ETF saw inflows of $3.6 million, its highest level since mid-May.
Black’s IBIT reported zero flows for the fifth day in a row, despite trading worth520 million on Thursday. The remaining funds from VanEck, Valkyrie, WisdomTree, and Hashdex also reported zero day on Thursday.
The daily trading volume for the eleven bitcoin funds on Thursday was close $920 million—a significant decrease from their peak of almost $10 billion in March—and they have seen a collective net infl of $14.45 billion since their launch in January.
Bitcoin’s market price has some improvement but remains below the elusive barrier of $62,000; after a 0.84 rise over the last 24 hours, it is currently hovering around $61,606 based on CMC data.
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