US spot bitcoin ETFs log $216 million inflows led by BlackRock\'s IBIT
BlackRock's IBIT, the largest spot bitcoin fund in terms of net asset value, led inflows on Monday with $187.21 million.
Eleven spot bitcoin exchange-traded funds (ETFs) in the United States saw a combined net inflow of $216.33 million on Tuesday, according to data from ETF Flows Pro.
This extends the streak of inflows into the funds to a third day, with the total inflows into the funds now at $730.23 million so far this week.
On the other hand, Grayscale’s Grayscale Bitcoin Trust (NYSE:GBTC), the second largest bitcoin ETF, reported outflows of $37.5 million.
Meanwhile, Bitwise’s BITB also reported net outflows of $4.72 million.
BlackRock’s iShares bitcoin ETF (NYSE:IBIT) led the inflows on Monday with $187.21 million, while Vanguard’s bitcoin ETF (NYSE: BITO) saw inflows of $70.65 million.
The 11 spot bitcoin ETFs in the U.S. now have total assets under management of $12.07 billion.
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