Beginner Why long-term crypto holders borrow against assets instead of selling A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto Open guide 
14 straight days of inflows for Bitcoin ETFs as Ark abandons ETH ETF amid $100M BTC outflow
Bitcoin ETF inflow streak continues: $2.2 billion added over 14 trading days, just 3 days short of record.
Quick Take
Farside data shows that on May 31, Bitcoin (BTC) exchange-traded funds (ETFs) experienced another inflow, matching the previous trading day's amount of $48.8 million. Despite the inflows, only two issuers reported positive net inflows.
BlackRock's IBIT ETF saw the largest inflow, with $169.1 million, raising its total net inflow to $16.7 billion. Fidelity's FBTC ETF followed with a $5.9 million inflow, bringing their total to $8.9 billion. In contrast, Grayscale's GBTC ETF experienced a significant outflow of $124.3 million, marking the largest since May 1. The total net inflows for Bitcoin ETFs now stand at $13.9 billion.
Farside data shows that these developments have led to 14 consecutive trading days of inflows totaling $2.2 billion, which has seen the Bitcoin price go from roughly $63,000 to $69,000. We are nearing the record of 17 consecutive trading day inflows, which totaled $4.4 billion in inflows, which saw the price go from roughly $40,000 to $50,000.
This influx of interest coincides with Ark Investment's decision to abandon its Spot-Ether ETF ambitions. It is also accompanied by ArkB's outflow of $99.9 million from its BTC ETF on May 30, the largest since its launch.
