Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • 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

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025

BTC RSI hits April low as Coinbase premium turns red.

October 18, 2025

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Tempo invests $25 million in Commonware modular blockchain vision.

November 8, 2025

Mantle Collaborates With Bybit And Backed To Bring U.S. Equities Onchain, Pioneering Next Trillion-Dollar Wave Of Tokenized Assets

November 7, 2025

XRP Targets $4.00 While Digitap Presale Seen As The Best Crypto To Buy Now

November 7, 2025

XRP Targets $4.00 While Digitap Presale Seen As The Best Crypto To Buy Now

November 7, 2025

Bybit PWM Posts 16.9% Fund Return As Crypto Markets Weather “Uptober” Shock

November 7, 2025

AI, MEME, And DeFi Drive +1625% Performance Surge

November 7, 2025

Spanish Lab Sells Forgotten $10,000 Bitcoin Stash for $10 Million

November 7, 2025

Can Bitcoin End the Q4 on a Positive Note? Here’s what the experts think

November 7, 2025

LP-Free Perpetuals Exchange Leverup Available Now, Powered By Monad

November 6, 2025

Sonami Announces Presale Developments And Layer 2 Expansion

November 6, 2025

Morpho Network (MORPHO) is experiencing a service outage as users are facing rendering issues.

November 6, 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

Tempo invests $25 million in Commonware modular blockchain vision.

November 8, 2025

Mantle Collaborates With Bybit And Backed To Bring U.S. Equities Onchain, Pioneering Next Trillion-Dollar Wave Of Tokenized Assets

November 7, 2025

XRP Targets $4.00 While Digitap Presale Seen As The Best Crypto To Buy Now

November 7, 2025
Most Popular

BlackRock CEO Larry Fink said: "Very optimistic about Bitcoin’s long-term viability"

March 28, 2024

Standard Chartered: Bitcoin Rally Begins After Fed Rate Cut

September 19, 2024

getblocktemplate – What are the steps to create a block template?

December 17, 2023
  • 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.