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

AAVE Price Prediction: $100 is the wall. Factors that can destroy or bury a wall include:

July 25, 2026

Multicoin Capital has made its first Hyperliquid ecosystem investment in Trasia, an Asia-focused trading platform.

July 17, 2026

Polymarket Probability Price The probability that the United States will invade Iran before 2027 is 16.5%.

July 9, 2026
Add A Comment

Comments are closed.

Recent Posts

FirmsDirectory Launches Affiliate Program Offering 15% Lifetime Commissions Across 29 Industries

November 10, 2026

Backed by $80 Million, Alta is Building the Infrastructure to Bring Global Banking Onchain

November 10, 2026

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.07 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $14.3 Billion

November 9, 2026

Bet25.com Launches Zero Margin Sportsbook to Eliminate Hidden House Edges

November 9, 2026

Introducing Crypto-Backed Borrowing With 30-day No Liquidation Period

November 9, 2026

Can companies stop third parties trading tokenized US shares?

November 8, 2026

Hypercall Launches World’s First Anthropic-Linked Options Market, Bringing 24/7 Trading Ahead of Landmark IPO

November 6, 2026

Ondo Finance Becomes World’s Largest Tokenization Platform

November 5, 2026

IPX Plans to Bring ‘minicoin’ Payments to LINE FRIENDS Online and Offline Stores, Expanding IP Experiences Beyond Content and Merchandise

November 5, 2026

FirmsDirectory Introduces New Badge and Recognition System to Highlight Business Achievements Across Industries

November 4, 2026

Public Launch of Real Pokémon and One Piece Cards, Uncapped Bitcoin Rewards

November 4, 2026

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

FirmsDirectory Launches Affiliate Program Offering 15% Lifetime Commissions Across 29 Industries

November 10, 2026

Backed by $80 Million, Alta is Building the Infrastructure to Bring Global Banking Onchain

November 10, 2026

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.07 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $14.3 Billion

November 9, 2026
Most Popular

‘It’s a certainty’ – Ripple CEO Brad Garlinghouse says other crypto assets will get spot ETFs just like Bitcoin.

January 16, 2024

President Trump’s Memecoin Braces is unlocked by $ 341,000,000 after three months of downturn

April 14, 2025

How this altcoin rose 100x in less than 24 hours

January 20, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

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