U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $130.99 million. Blackrock’s IBIT was once again at the forefront, with net inflows amounting to $168 million.
Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows
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Consistent Inflows for U.S. Spot Bitcoin ETFs
The inflow trend for U.S. spot bitcoin ETFs continued, adding another day of positive movement. According to Sosovalue.xyz metrics, these ETFs accumulated $130.99 million in the public market. Since June 4, the size of these inflows has been gradually decreasing each day.
On Friday, Blackrock’s IBIT secured $168 million in inflows, while Ark Invest’s and 21shares’ ARKB fund recorded a modest $7 million. In contrast, Grayscale’s GBTC experienced outflows, losing $36 million during the day’s trading sessions. Other funds remained neutral, showing neither gains nor losses.
Overall, the cumulative net inflows from all funds have reached $15.69 billion to date. As of June 7, the total net assets of bitcoin (BTC) held is valued at $61.10 billion. Approximately $2.51 billion was traded on Friday, with IBIT leading in volume at $1.4 billion.
What do you think about the 19th day of net inflows from the 11 spot bitcoin ETFs? Share your thoughts and opinions about this subject in the comments section below.
