Apr 10, 2024
SOC Team
Bitcoin ETF Net Inflow Update on April 9, 2024
Outflow
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The Bitcoin Spot ETF Net Inflow on April 9, 2024, is recorded at -$19M!
Notably, below are a few key updates on the statistics of 10 Bitcoin Spot ETFs:
- The net inflow remains negative, though only slightly, for the second day.
- The cumulative total net inflow after 61 trading days further dropped to $12.37B.
- The single-day inflow for BlackRock's iShares Bitcoin Trust (IBIT) rose back to $128.7M, although it remains much lower than the 28-day average inflow of $277M.
- The single-day outflow for Grayscale Bitcoin Trust (GBTC) dramatically decreased by nearly half, from $303.3M to $155M.
Follow @spotonchain and check out the latest data via this link.
Fig 1. 30-Day Net Inflow of 10 Bitcoin ETFs.