Bitcoin ETFs experienced significant outflows this week, continuing a trend from the previous week. On June 19, nine ETFs decreased their holdings by 442 BTC, equivalent to $28.7 million. Grayscale reduced its holdings by 56 BTC, worth $3.6 million, and now holds 280,322 BTC valued at $18.22 billion. By June 20, ETFs collectively sold 2,178 BTC, amounting to $142 million. Major players like Grayscale, Fidelity, and Bitwise were noted for driving these outflows. The total net flow on June 20 was negative $140 million, with Grayscale losing $53.1 million, Fidelity $51.1 million, Bitwise $31.5 million, BlackRock $IBIT gaining $1.5 million, Ark $ARKB remaining neutral, and Invesco $BTCO losing $2 million.
📉6/20 Total Net Flow:$ -140 million BlackRock $IBIT: $ +1.5 m Grayscale $GBTC: $ -53.1 m Fidelity $FBTC: $ -51.1 m Bitwise $BITB: $ -31.5 m Ark $ARKB: $ 0 Invesco $BTCO: $ -2 m Franklin $EZBC: $ 0 Valkyrie $BRRR: $ 0 VanEck $HODL: $ -3.7 m WisdomTree $BTCW: $ 0 https://t.co/JexLFmCxCA https://t.co/e6RCbiDVLN
INVESTORS IN LATEST WEEK PUT $25.6 BLN INTO STOCKS IN LARGEST INFLOW SINCE MARCH, $6.4 BLN INTO BONDS - BOFA CITING EPFR DATA https://t.co/GHV3As3Oqu
⚠️ INVESTORS IN LATEST WEEK PUT $25.6 BLN INTO STOCKS IN LARGEST INFLOW SINCE MARCH, $6.4 BLN INTO BONDS - BOFA CITING EPFR DATA **INVESTORS PULLED $300 MLN FROM GOLD, $400 MLN FROM CRYPTO AND $15.8 BLN FROM CASH - BOFA **INVESTMENT GRADE BONDS SEE 34TH WEEK OF INFLOWS AT $5.0…
INVESTORS IN THE LATEST WEEK PUT $25.6 BLN INTO STOCKS THE LARGEST INFLOW SINCE MARCH, $6.4 BLN INTO BONDS - BOFA CITING EPFR DATA
US spot bitcoin ETFs shed $140 million as fund exit continues https://t.co/0pJrgO4GHh
🚨June 20 #Bitcoin ETFs Update ETFs sold 2178 #Bitcoin ($142m) Is this all driven by Bitcoin ➡️ Nvidia Trade? https://t.co/yGrFVLjlk4
After more than a month of positive flows, last week was a brutal red week for #BItcoin ETFs. This week is shaping up to be a strong outflow week, too. https://t.co/GUKus76Zns
Grayscale, Fidelity, and Bitwise Drive Tuesday’s Outflow in #Bitcoin ETFs https://t.co/NDhh9Cw4eo
Jun 19 Update: 9 ETFs decreased 442 $BTC(-$28.7M). #Grayscale decreased 56 $BTC(-$3.6M) and currently holds 280,322 $BTC($18.22B). https://t.co/Cm7cgD2Fd3 https://t.co/9FAhxDPRR5