Quick Take
US ETFs
According to data from Farside, Bitcoin (BTC) exchange-traded funds (ETFs) saw inflows of $105.1 million on June 3, marking 15 consecutive trading days of inflows.
The inflows were spread across multiple issuers, with Fidelity’s FBTC leading the pack with a $77.0 million inflow, bringing its total net inflow to an impressive $9 billion. Bitwise BITB also experienced a substantial inflow of $14.3 million, taking its total net inflow to $2 billion. Ark’s ARKB saw a $10.7 million inflow, bringing its total net inflow to $2.5 billion.
Grayscale’s GBTC did not witness any inflows or outflows on June 3, maintaining its total net outflow at $17.9 billion. The total inflows into BTC ETFs have now reached $14 billion, according to Farside.
HK ETFs
According to data from heyapollo, Hong Kong-based ETFs currently hold a total of 4,109 BTC. Specifically, Harvest holds 902 BTC, Bosera Hashkey holds 1,184 BTC, and China AMC holds 2,023 BTC. On June 3, China AMC experienced an inflow of 457 BTC, contributing to its current holdings.
The post US Bitcoin ETFs mark 15 straight days of inflows led by Fidelity’s $77 million boost appeared first on CryptoSlate.
