Quick Take
Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) experienced another significant outflow on June 18, amounting to $152.4 million. This marks the fourth consecutive trading day of outflows; the record outflow streak is from April 24 to May 2, which spanned seven consecutive trading days. The current sequence has resulted in a cumulative outflow of $714.4 million.
Fidelity’s FBTC ETF saw a substantial outflow of $83.1 million, bringing its total net inflow to $9.2 billion. This is also the fourth consecutive trading day of outflows for FBTC, totaling $361.6 million, nearing its record of five straight days of outflows. Bitwise’s BITB ETF recorded a $7.0 million outflow, pushing its total net inflow to $2.0 billion. BlackRock’s IBIT continued its long run of recording no outflows.
Meanwhile, Grayscale’s GBTC ETF experienced a significant outflow of $62.3 million, its largest since June 11. Total outflows now reach $18.3 billion. According to Farside data, total inflows for Bitcoin ETFs stand at $14.8 billion.
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