June 1, 2025
SPOT BITCOIN ETFS BROKE 10-Day Inflow Streak with $ 358m of Outflows Thursday: Jpmorgan thumbnail
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SPOT BITCOIN ETFS BROKE 10-Day Inflow Streak with $ 358m of Outflows Thursday: Jpmorgan

US-LITTED SPOT BITCOIN BTC Exchange-Traded Funds (ETFS) Recorded Their First Day of Net Outflows in 10 Trading Sessions on Thursday, Accounting To A Rasearch Report BYTHE. Estimated that Spot Bitcoin Etfs Saw $ 358 Million of Redemptions Yesterday, Account to A Friday Report, with Just One, Blackrock’s Ishares Bitcoin Trust IBIT GATHERED IN A Net $ 125 Million, The Bank Observed. In Contrast, Fidelity’s FBTC SAW Netflows of $ 166 Million, Leading The Redemptions, The Report SAID. Other Majoor Contributors Included the GrayScale Bitcoin Trust (GBTC) -$ 107 Million, Ark 21shares Bitcoin Etf (Arkb) -$ 89 Million and The Bitwise Bitcoin Etf (Bitb). SAID SMALLER OUTFLOWS WERE ALSO Noted Across The Remaining Issuers.The Bitcoin Price Slipped 1.1% On the Day, But Market Activity Remainted Robust Welil, Welding Volumes of $ 5.39 $ 2.81 Billion, The Report Aded.the World’s Largest Cryptocurrency Was Trading AROUND $ 105.656 AT PUBLICATION TIME.ROAD MORE: US SPOT CRYPTO ETFS SAWA WEZDAY.”, – WRITE: www.coindesk.com

Updated May 30, 2025, 4:28 PM PUBLISHED MAY 30, 2025, 3:36 PM

US-LITTED SPOT BITCOIN

Exchange-Traded Funds (ETFS) Recorded Their First Day of Net Outflows in 10 Trading sessions on Thursday, accounting to a research report by JPMorgan (JPM).

The Wall Street Bank Estimated that Spot Bitcoin Etfs Saw $ 358 Million of Redemptions Yesterday, Accounting To a Friday Report, with Just One, Blackrock’s Atting). IBIT GATHERED IN A Net $ 125 Million, The Bank Observed.

In Contrast, Fidelity’s FBTC SAW Netflows of $ 166 Million, Leading The Redemptions, The Report SAID. Other Majoor Contributors Included the GrayScale Bitcoin Trust (GBTC) -$ 107 Million, Ark 21shares Bitcoin etf (Arkb) -$ 89 Million and The Bitwise Bitcoin Etf (Bitb).

JPMORGAN SAID SMALLER OUTFLOWS WERE ALSO NOTED ACROSS The REMINING Issuers.

The Bitcoin Price Slipped 1.1% on the day, But Market Activity Remoned Robust with Trading Volumes of $ 5.39 Billion, Well Above The 20-Day Average of $ 2.81 Bilion, The Report Adeded.

The World’s Largest Cryptocurrency Was Trading AROUND $ 105,656 AT PUBLICATION TIME.

Read More: US SPOT CRYPTO ETFS SAW STRONG INFLOWS ON WEDNESDAY, JPMORGAN SAYS

Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.

Will Canny

Will Canny Is An Experienced Market Reporter with a demonstrated History of Working in the Financial Services Industry. He’s Now Crypto Beat As A Finance Reporter at Coindesk. HE OWNS more than $ 1,000 of Sol.

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“Ai Boost” Indicates A Generative Text Tool, Typical An ai Chatbot, Contributed to the Article. In each and every casse, the article was edited, face-checked and Publissed by a human. Read more about Coindesk’s AI Policy.

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