US spot bitcoin ETFs see $240 million in inflows, ending six-day outflow streak
The Block
US spot bitcoin ETFs recorded $240 million in net inflows on Thursday, halting a six-day period of outflows.Summary
U.S. spot bitcoin exchange-traded funds experienced $240 million in net inflows on Thursday, which concluded a six-day streak where a total of $2.05 billion had exited the funds. BlackRock's IBIT led the inflows with $112.4 million, followed by Fidelity's FBTC ($61.6 million) and Ark & 21Shares' ARKB ($60.4 million). Total trading volume for the spot bitcoin ETFs reached $4.77 billion on Thursday. Separately, spot Ethereum ETFs in the U.S. also saw $12.5 million in net inflows, ending their own six-day outflow streak. The article also notes that Bitcoin traded down recently, but JPMorgan analysts project it could reach $170,000 in the next six to 12 months.
(Source：The Block)