ARKB Leads $100.5M Inflow in Bitcoin Spot ETFs - Full Report

According to data from Soso Value, there was a total net inflow of $100.5 million into the Bitcoin spot ETF market on Tuesday, May 14, 2024. Delving into the inflow details reveals Ark Invest and 21Shares ETF (ARKB) accounted for the lion’s share of the total inflow. Meanwhile, the Grayscale Bitcoin Trust (GBTC) continued with […]

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ARKB Leads $100.5M Inflow in Bitcoin Spot ETFs - Full Report

  • There was a total net inflow of $100.5 million into the Bitcoin spot ETF market on May 14.
  • Ark Invest accounted for the inflow lion’s share with a $133 million total net inflow.
  • Grayscale’s GBTC recorded a net outflow of approximately $51 million on the same day.

According to data from Soso Value, there was a total net inflow of $100.5 million into the Bitcoin spot ETF market on Tuesday, May 14, 2024. Delving into the inflow details reveals Ark Invest and 21Shares ETF (ARKB) accounted for the lion’s share of the total inflow.

Meanwhile, the Grayscale Bitcoin Trust (GBTC) continued with persistent outflow, recording a total net outflow of approximately $51 million. That made GBTC the only Bitcoin spot ETF product with a negative inflow on the day. 

With the latest figures, the total net assets of the …

The post Bitcoin ETF Experienced $100M Net Inflow Despite GBTC $50M Outflow appeared first on Coin Edition.