![Grayscale GBTC ETF records third consecutive double-digit low outflow](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2024/04/grayscale-etf.jpg&w=70&h=37&q=75)
Quick Take
Farside data reports that Bitcoin (BTC) exchange-traded funds (ETFs) continued to see strong inflows, with a collective net inflow of $106.8 million on April 4. This marks the third consecutive net inflows, adding to seven out of the last eight trading days with net inflows.
![BTC ETF Flow Table: (Source: Farside)](https://cryptoslate.com/wp-content/uploads/2024/04/ETF-2.png)
Farside data reports the Grayscale GBTC fund registered a third straight double-digit outflow of $79.3 million, increasing its total net outflow to $15.3 billion. In contrast, the BlackRock IBIT ETF experienced a robust net inflow of $144.0 million, raising its total net inflow to $14.4 billion.
Ark’s ARKB ETF also recorded its first net inflow since March 28, adding $12.0 million to its $2.2 billion total. Similarly, the VanEck HODL ETF saw its strongest net inflow since March 28, with $15.5 million in new investments. This brings its total net inflow to $461.7 million, according to Farside data.
The total net inflow across all Bitcoin ETFs now stands at $12.3 billion, reflecting the continued positive momentum in the digital assets market.