Grayscale’s $155M Outflow Counteracts inflows from BlackRock, Bitwise, Fidelity

On Tuesday, U.S. Bitcoin spot ETFs experienced an outflow of $19.48 million.  BlackRock’s ETF had the most significant inflow of the day, at $128.7 million. Grayscale experienced a substantial outflow of $154.9 million on April 9, countering the inflows from BlackRock, Bitwise, and Fidelity. The U.S. Bitcoin spot Exchange-Traded Funds (ETFs) landscape has witnessed the […]

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Grayscale’s $155M Outflow Counteracts inflows from BlackRock, Bitwise, Fidelity

  • On Tuesday, U.S. Bitcoin spot ETFs experienced an outflow of $19.48 million. 
  • BlackRock’s ETF had the most significant inflow of the day, at $128.7 million.
  • Grayscale experienced a substantial outflow of $154.9 million on April 9, countering the inflows from BlackRock, Bitwise, and Fidelity.

The U.S. Bitcoin spot Exchange-Traded Funds (ETFs) landscape has witnessed the second-day consecutive negative flow, primarily influenced by Grayscale’s unyielding outflows. In particular, public records of the funds that entered Bitcoin spot ETFs on Tuesday, April 9, suggest that the market experienced an outflow of $19.48 million. 



The crypto surveillance account of Colin Wu recently called attention to the development in a recent post on X. 

BlackRock iShares Bitcoin Trust (IBIT) had the most significant inflow of the d…

The post Grayscale’s $155M Outflow Counteracts inflows from BlackRock, Bitwise, Fidelity appeared first on Coin Edition.