your daily dose of #bitcoin etf insights 🧭 [13.06.2024]

Yesterday saw significant negative flows in BTC ETFs, totaling $226.2 million. A few key details stood out:

1) Grayscale Bitcoin Trust (GBTC): Grayscale had outflows of $61.5 million yesterday.

2) BlackRock: BlackRock's inflow streak continues, with $18.2 million coming in yesterday.

3) Other ETF Providers: The other ETF providers had a rough day yesterday. Fidelity saw outflows of $106.4 million, Bitwise $9.8 million, ARK $52.7 million, Franklin $2.7 million, and VanEck had $11.3 million in outflows.

In summary, the only positive yesterday was the BlackRock inflows. It will be interesting to see if a new negative trend develops or not.
#bitcoin