GBTC ETF records lowest outflow since launch: $17.5 Million
Bitcoin ETFs see resurgence with $123.7 million inflow, led by FBTC.
Quick Take
Farside data indicates that Bitcoin (BTC) Exchange-Traded Funds (ETFs) experienced a significant inflow of $123.7 million on Apr. 10, following a period of consecutive outflows. Notably, the Grayscale GBTC ETF saw its lowest outflow at just $17.5 million since launch. However, its total outflows reached $15.9 billion.
Farside data highlights that among the BTC ETFs, including BlackRock IBIT, Fidelity FBTC, ARK’s ARKB, and Bitwise BITB, which have seen the most significant inflows, only these four registered positive inflows on Apr. 10. Leading the group was FBTC, with an inflow of $76.3 million, its largest since Apr. 5, pushing its total inflows to $8 billion. The total net inflows to Bitcoin ETFs now stand at $12.4 billion.
According to Heyappollo data, the eleven US spot BTC ETFs collectively hold 840,505 BTC.