US spot bitcoin ETFs see $20 million net outflows while most funds record zero flows
Spot bitcoin ETFs in the U.S. saw $20.45 million in net outflows yesterday.Nine funds, including BlackRock’s IBIT, had zero flows.
The 11 spot bitcoin exchange-traded funds in the U.S. saw total daily net outflows of $20.45 million on Wednesday. Only two funds saw net flows on Wednesday, with the rest recording zero flows.
Grayscale’s GBTC reported daily net outflows of $26.99 million, countered by $6.55 million in net inflows from Fidelity’s FBTC, according to data from SoSoValue. The other nine ETFs, including BlackRock’s IBIT, logged zero flows.
The 11 bitcoin funds had around $800 million in trading volume on Wednesday, lower than Tuesday’s volume of $995 million. The recent trading volume of the spot bitcoin ETFs was lower than in March when they saw a daily volume of around eight to 10 billion dollars. The ETFs have accumulated a total net inflow of $14.62 billion since their January inception.
The price of bitcoin dropped 3% in the past 24 hours to $58,903 at the time of publication, while the entire crypto market is down 3.5%, according to The Block’s price page .
Meanwhile, U.S. issuers still await the final green light from the U.S. Securities and Exchange Commission on spot Ethereum ETFs. The SEC approved 19b-4 forms for eight spot Ethereum ETFs on May 23, and issuers have filed amended S-1 registrations to the agency for review.
Bloomberg ETF analyst James Seyffart said on X that spot ether funds might be listed later next week or the week of July 15th.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Staking Weekly Report December 1, 2025
🌟🌟Core Data on ETH Staking🌟🌟 1️⃣ Ebunker ETH staking yield: 3.27% 2️⃣ stETH...
The Blood and Tears Files of Crypto Veterans: Collapses, Hacks, and Insider Schemes—No One Can Escape
The article describes the loss experiences of several cryptocurrency investors, including exchange exits, failed insider information, hacker attacks, contract liquidations, and scams by acquaintances. It shares their lessons learned and investment strategies. Summary generated by Mars AI This summary was produced by the Mars AI model, and the accuracy and completeness of its generated content are still in the process of iterative improvement.
Mars Morning News | Federal Reserve officials to advance stablecoin regulatory framework; US SEC Chairman to deliver a speech at the New York Stock Exchange tonight
Federal Reserve officials plan to advance the formulation of stablecoin regulatory rules. The SEC Chair will deliver a speech on the future vision of capital markets. Grayscale will launch the first Chainlink spot ETF. A Coinbase executive has been sued by shareholders for alleged insider trading. The cryptocurrency market fear index has dropped to 23. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative updates.
OECD's latest forecast: The global interest rate cut cycle will end in 2026!
According to the latest forecast from the OECD, major central banks such as the Federal Reserve and the European Central Bank may have few "bullets" left under the dual pressures of high debt and inflation.
Trending news
MoreCrypto prices
More
