U.S. spot bitcoin exchange-traded funds (ETFs) have continued to see a consistent influx of funds for the 19th consecutive day, with a total of $130.99 million being added on Friday. Blackrock’s IBIT ETF once again led the way, attracting $168 million in net inflows.
The positive trend of inflows for U.S. spot bitcoin ETFs has been ongoing, with daily increases in the public market. According to data from Sosovalue.xyz, these ETFs have seen a total inflow of $130.99 million. However, the size of these inflows has been gradually decreasing since June 4.
On Friday, Blackrock’s IBIT ETF received $168 million in inflows, while Ark Invest’s ARKB fund and 21shares’ fund saw modest inflows of $7 million each. In contrast, Grayscale’s GBTC experienced outflows of $36 million. Other funds remained neutral, with no significant gains or losses.
Overall, the cumulative net inflows from all funds have now reached $15.69 billion. As of June 7, the total net assets of bitcoin (BTC) held by these ETFs stand at $61.10 billion. On Friday, a total of $2.51 billion was traded, with IBIT leading in trading volume at $1.4 billion.
What are your thoughts on the 19th day of net inflows for these 11 spot bitcoin ETFs? Feel free to share your opinions in the comments section below.
