Add as a preferred source on GoogleSpot Bitcoin ETFs End Three-Week Inflow Streak With $681M Outflow
Fidelity’s FBTC led weekly withdrawals at $380 million, while Morgan Stanley’s MSBT posted the largest inflow at $7.8413 million.
Spot Bitcoin ETFs posted $681 million in net outflows from Oct. 5-9, ending three consecutive weeks of net inflows.
Fidelity’s FBTC led withdrawals with $380 million during the period. Its cumulative net inflow stood at $10.52 billion at the time of reporting.
Ark & 21 Shares ETF (ARKB) posted the second-largest weekly outflow at $207 million. Its cumulative net inflow was $1.19 billion at the time of reporting.
Morgan Stanley’s MSBT recorded the largest weekly inflow, attracting $7.8413 million. Its cumulative net inflow reached $762 million at the time of reporting.
At the time of reporting, total net assets across spot Bitcoin ETFs stood at $105.84 billion. The products represented 6.38% of Bitcoin’s total market capitalization, while cumulative net inflows stood at $57.11 billion.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.