Updated: June 4, 2024, 1:31 AM EDT
The U.S. spot Bitcoin exchange-traded fund (ETF) recorded its 15th consecutive day of net inflows on Thursday, adding $105.12 million.
The 11 ETFs collectively received inflows of more than $2.28 billion during the period. To date, the cumulative net inflow is $13.96 billion.
Fidelity’s FBTC led inflows with $77 million, according to data from SoSoValue. Bitwise’s BITB recorded net inflows of $14 million, while Ark Invest and 21Shares’ ARKB added $11 million.
The two largest spot Bitcoin ETFs, BlackRock and Grayscale, both recorded no flows on Monday. Cash ETFs from VanEck and WisdomTree reported minimal inflows of less than $2 million.
The 15th consecutive day of positive inflows for the U.S. spot Bitcoin ETF marks the second-longest streak of positive net inflows since its debut, following a 17-day streak of net inflows that began in January.
Meanwhile, total flows in U.S. spot Bitcoin ETFs remained significantly below their March highs, according to The Block’s data dashboard.
In related news, global cryptocurrency investment products attracted more than $2 billion in funding last month, increasing annual net inflows by more than $15 billion. According to the latest report from CoinShares:.
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About the author
Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He previously worked as a reporter for Forkast.News, where he actively covered the fall of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong, and China. He holds a Bachelor’s degree in Journalism and Business Marketing from the University of Hong Kong.