Most spot Bitcoin ETFs saw a massive drop in inflows on Tuesday as demand and liquidity dries up, according to the latest data by BitMEX Research. Interestingly, Grayscale Bitcoin Trust (GBTC) spot Bitcoin ETF outflow drops to a record low.
Spot Bitcoin ETFs Net Inflows Slows to $33 Million
BitMEX Research in the latest spot Bitcoin ETFs inflow report on February 7 revealed that total inflows for 10 Bitcoin ETFs dropped to just $33.7 million. Despite recording multiple net outflows, this is the second-lowest inflow for 10 spot Bitcoin ETFs after a $14.8 million inflow on January 26.
Inflows for BlackRock Bitcoin ETF (IBIT) dropped to a new low of $45.2 million. BlackRock Bitcoin ETF saw a $137.3 inflow a day earlier, raising speculation of return in demand for the Bitcoin ETF. Fidelity’s FBTC also saw a drop in inflow of $37.7 million.
Bitcoin ETFs of Bitwise, Ark 21 Shares, VanEck and WisdomTree recorded rise in inflows of $11.3, $8.6, $2.4, and $1.1, respectively. Bloomberg senior
We współpracy z: https://coingape.com/spot-bitcoin-etfs-saw-33-million-net-inflow-blackrock-inflow-slows-to-record-low/
