Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»BlackRock’s IBIT posts first net sales since May amid continued outflows from spot Bitcoin ETFs
ADOPTION NEWS

BlackRock’s IBIT posts first net sales since May amid continued outflows from spot Bitcoin ETFs

By Crypto FlexsAugust 31, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
BlackRock’s IBIT posts first net sales since May amid continued outflows from spot Bitcoin ETFs
Share
Facebook Twitter LinkedIn Pinterest Email

U.S. spot Bitcoin exchange-traded funds (ETFs) saw a net outflow of $71.73 million on Thursday, extending the outflow streak to three days.

BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, reported negative flows for the first time since May 1, with net outflows reaching $13.51 million. data In SosoValue.

Grayscale’s GBTC continued its outflow streak on Thursday with $22.68 million flowing out of the fund, while Fidelity’s FBTC recorded a net outflow of $31.11 million. Bitwise’s BITB also saw $8.09 million flow out of the fund, while Valkyrie’s BRRR saw $1.68 million in outflows.

Ark and ARKB from 21Shares were the only ones in the running. Bitcoin Bitcoin

+1.02%
The ETF recorded net inflows of $5.34 million.

On Thursday, the total daily volume of the 12 spot Bitcoin ETFs fell to $1.64 billion, compared to $2.18 billion on Wednesday.

Spot Ether ETFs have seen small outflows.

Meanwhile, the US spot Ethereum Ethereum

+2.22%
ETFs resumed outflows on Thursday, recording a net outflow of $1.77 million after reporting modest positive inflows the previous day.

Grayscale Ethereum Trust (ETHE) was the only spot Ether ETF to report outflows of $5.35 million, which was offset by a net inflow of $3.57 million into Grayscale Ethereum Mini Trust (ETH).

The other seven spot ether funds had no inflows on Thursday.

Total trading volume across the nine ETFs fell from $151.57 million on Wednesday to $95.91 million on Thursday.

Bitcoin is down 0.3% over the last 24 hours, trading at around $58,984 at the time of writing, while Ether is down 0.29%, trading at $2,516. Price page of the block.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, influential and timely information on the cryptocurrency industry. Below are the current financial disclosures.

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

Bitcoin analysts bet on $ 200K after hints of Fed.

August 23, 2025

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025
Add A Comment

Comments are closed.

Recent Posts

Are you ready to token everything?

September 1, 2025

Sign Up And Get $500, Ushering In A New Era Of BTC, XRP, And DOGE Cloud Mining

September 1, 2025

Turning Social Hype Into Token Allocation

September 1, 2025

InFocus Launches Digital Ventures Strategy With Mythos Group To Push Into Blockchain, AI And Bitcoin

September 1, 2025

WorldShards Announces Partnership With ByBit And TGE Date

September 1, 2025

EcoSync & CarbonCore Launch Full Stages Refi Infrastructure Linking Carbon Credits With Web3

September 1, 2025

NFT sales in August increased 2.78% in July 2025

September 1, 2025

Bitcoin Price Posts for 5 consecutive August losses: Will Michael Saylor react?

August 31, 2025

Metaplanet’s bitcoin strategy is having trouble with stock plummet in the crisis of financing.

August 31, 2025

Next chapter of ecosystem support program

August 31, 2025

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Are you ready to token everything?

September 1, 2025

Sign Up And Get $500, Ushering In A New Era Of BTC, XRP, And DOGE Cloud Mining

September 1, 2025

Turning Social Hype Into Token Allocation

September 1, 2025
Most Popular

BNB Chain Introduces Gas-Free Stablecoin Transfers Amid Infrastructure Expansion

September 19, 2024

Indonesia Considers Easing Cryptocurrency Taxation

March 2, 2024

What happened in Crypto today

August 26, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.