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Grayscale's Bitcoin Trust saw a reversal in outflows, ending a four-month trend of heavy withdrawals totaling over $17.5 billion. US Spot Bitcoin ETFs had two consecutive days of inflows, totaling $595.3 million. BlackRock's IBIT reported daily BTC outflows. Various Bitcoin ETFs showed mixed net flows, with GBTC experiencing significant outflows. US Bitcoin ETFs held $54.2 billion in total AUM, standing at 52.34% of US Gold ETFs size. Bitwise's BITB was the only ETF to buy Bitcoin, adding 185 BTC.
🧮 5/9 THREAD tracking Bitcoin ETF inflows/outflows: Will post updates as data becomes available . . . https://t.co/fq1nrmE5uB
JUST IN: 🇺🇸 Fund manager CTC Alternative Strategies reports holding $27.7 million of BlackRock’s Bitcoin ETF. This is a 16% allocation within their portfolio of $160m in reported holdings — and the second largest position in the entire portfolio. 🫡 @MacroScope17
HK Crypto ETF Flow - Update for 09 May 2024 https://t.co/MJKQO13aJA https://t.co/URIfjJHpAN