Bitcoin ETF Net Inflow Update on May 8, 2024

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May 09, 2024

SOC Team

Bitcoin ETF Net Inflow Update on May 8, 2024

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Daily BTC ETFs Total Net Inflow

The Bitcoin Spot ETF Net Inflow on May 8, 2024, is recorded at +$12M!

Notably, below are a few key updates on the statistics of 10 Bitcoin Spot ETFs:

9 out of 10 US Bitcoin EFTs had zero flows, even Grayscale Bitcoin Trust (GBTC).
The net inflow was single-handedly brought in by Bitwise Bitcoin ETF (BITB).
While returning to being positive, the net inflow of 10 US Bitcoin EFTs appears stagnant for the past 2 days.
The cumulative total net inflow after 82 trading days slightly rebounded to $11.77B.

Follow @spotonchain and check out the latest data via this link.

Fig 1. 30-Day Net Inflow of 10 Bitcoin ETFs.

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#blackrock

#grayscale

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