DATA1d ago
U.S. Spot Bitcoin Etfs Bleed $174m In A Single Day
U.S. spot Bitcoin $BTC ETFs recorded total net outflows of $174 million on April 1, according to SoSoValue Crypto data.
@BlackRock's flagship Bitcoin ETF, IBIT, saw $86.52 million in net outflows on April 1. Grayscale's Bitcoin Mini Trust ETF posted the largest single-day net inflow among Bitcoin spot ETFs at $10.25 million.
Meanwhile, Ethereum $ETH ETFs are also under pressure. Total net outflows hit $7.10 million on April 1. BlackRock's ETHA was the hardest hit, recording $32.26 million in outflows on the day.
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