U.S. spot Bitcoin exchange-traded funds (ETFs) experienced outflows for a week before seeing a reversal on June 25. The 11 ETFs trading in the United States amassed net inflows of $14.4 billion since launching in January, with Fidelity’s FBTC leading the way.
On Wednesday, spot Bitcoin ETFs reversed their seven-day outflow trend. The group secured the significant net inflows after experiencing $1.1 billion in outflows the previous day.
Fidelity’s FBTC emerged as the frontrunner, attracting $51 million in net inflows. It was followed by Bitwise Bitcoin ETF (BITB), which recorded $15 million in gains, and the VanEck Bitcoin Trust ETF (HODL) with net inflows of $4 million. This is according to sosovalue.xyz metrics.
In contrast, The Grayscale Bitcoin Trust (GBTC) saw net outflows of $30.3 million, while the ARK 21Shares Bitcoin ETF reported $6 million in net outflows.
