{"id":532489,"date":"2024-06-06T10:22:22","date_gmt":"2024-06-06T10:22:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=532489"},"modified":"2024-06-06T10:22:22","modified_gmt":"2024-06-06T10:22:22","slug":"spot-bitcoin-etfs-record-17-days-of-net-inflows-matching-longest-streak","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/spot-bitcoin-etfs-record-17-days-of-net-inflows-matching-longest-streak","title":{"rendered":"Spot Bitcoin ETFs Record 17 Days Of Net Inflows, Matching Longest Streak"},"content":{"rendered":"

Spot <\/span>Bitcoin ETFs<\/span><\/a> (exchange-traded funds) in the US have recorded daily net inflows for 17 consecutive days, matching the longest positive streak.<\/span><\/p>\n

The 11 newly-launched funds racked up $488.24 million in net inflows on Jun. 5, just a day after they posted their second-highest daily net inflows since their launch. All of the ETFs either posted net inflows or zero flows yesterday.<\/span><\/p>\n

\"What<\/p>\n

Fidelity’s FBTC Leads The Pack In Inflows<\/span><\/h2>\n

Fidelity’s FBTC saw the largest net inflows on Jun. 5 after pulling in $221 million, according to <\/span>SosoValue<\/span><\/a> data. BlackRock’s IBIT came in at second place with its $155 million inflows.<\/span><\/p>\n

Ark Invest and 21Shares’ ARKB and Bitwise’s BITB occupied the third and fourth positions, respectively. This was after $71 million entered ARKB’s reserves, and as investors poured $19 million into BITB. Meanwhile, Invesco and Galaxy Digital’s fund equaled the $4 million inflows recorded by VanEck’s fund on the same day.<\/span><\/p>\n

\n

📊 Bitcoin ETF Tracker | 2024-06-05<\/p>\n

🟩 Daily Total Net Inflow +$488.24M
💰 Total Value Traded $2.09B
🏦 Total Net Assets $62.56B
📊 ETF Market Value Ratio 4.46%<\/p>\n

🥇 Net Inflows\/Outflows for Each ETF
🟩 FBTC +$220.64M
🟩 IBIT +$155.43M
🟩 ARKB +$71.40M
🟩 BITB +$18.60M
🟩 GBTC… pic.twitter.com\/cUwJ3aFmWU<\/a><\/p>\n

— SoSo Value (@SoSoValueCrypto) June 6, 2024<\/a><\/p><\/blockquote>\n