Spot #Bitcoin Recorded the Second Highest Daily Net Inflow with $886.75 Million on June 4
Spot Bitcoin ETFs recorded net inflows of $886.75 million on June 4, the second highest daily net inflow in their history. This large inflow indicates continued investor interest in Bitcoin and institutional investors are pouring large amounts of capital into Bitcoin ETFs.
Fidelity Wise Origin Bitcoin Fund (FBTC) made the largest contribution with an inflow of $379 million, followed by BlackRock's iShares Bitcoin Trust (IBIT) in second place with an inflow of $274 million. Additionally, Grayscale Bitcoin Trust (GBTC) saw inflows of $28.20 million. This was the first net inflow for GBTC after ongoing outflows since May.
Spot Bitcoin ETFs have steadily attracted investor interest since being approved by the U.S. Securities and Exchange Commission (SEC) in January. Total net assets reached $61.46 billion as of June 4, and market prices showed positive changes, with Bitcoin rising above $70,000.