Last week, there was an interesting movement in the Bitcoin spot ETF market. The flow of funds that had been coming in for five consecutive days was interrupted, and about $277 million was withdrawn in a single day on May 7th.



Among these, some places continued to see inflows of funds, with Morgan Stanley MSBT receiving the most. It received $7.34 million in just one day, and its total reached $188 million. Grayscale's Bitcoin Mini Trust ETF also received $5.67 million, surpassing a total of $22.9 billion.

On the other hand, Fidelity FBTC saw $129 million withdrawn. However, this ETF has a total of $11.2 billion, making it still the largest in size. The current total assets of all Bitcoin spot ETFs are approximately $106.7 billion, accounting for 6.67% of the total Bitcoin market capitalization. The cumulative net inflow has exceeded $59.4 billion.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin