Accumulated Inflows of 73M Seen in Bitcoin Spot ETFs

Bitcoin Spot ETFs See $73M Inflows on June 28
According to SpotOnChain, a leading platform that provides accurate crypto data to investors, Bitcoin Spot ETFs received a total of $73 million in inflows on June 28. This amount is six times higher than the previous day’s inflows. The platform shared this information on social media, detailing the specific inflows for each individual ETF.
The post revealed that BlackRock’s IBIT ETF received a significant inflow of $82.4 million after 13 days of stagnant flows, while Grayscale’s GBTC ETF saw the largest outflow of the day at -$27.2 million. This resulted in the ETF having a net asset value of $16.51 billion. SpotOnChain also noted that this marks Grayscale’s largest 1-day outflow.
In addition, Fidelity’s FBTC ETF experienced outflows of nearly $25 million in one day. On the other hand, ARKB ETF saw substantial inflows, although they were lower than IBIT’s, totaling nearly $42.6 million in 1-day inflows.
SpotOnChain also reported that the cumulative inflow of ten US BTC ETFs has reached the $14.52 billion mark following 117 days of trading.