Spot Bitcoin ETFs Log $649M in Net Outflows, Largest Since January 29

BTC-0.23%
IBIT-2.92%
ARK0.18%
According to SoSoValue data, spot bitcoin ETFs recorded $648.6 million in net outflows on Monday (May 18), marking the largest single-day outflow since January 29. BlackRock's IBIT led the outflows with $448.3 million, followed by Ark & 21Shares' ARKB at $109.6 million and Fidelity's FBTC at $63.4 million. Other funds from Bitwise, VanEck, Invesco, and Franklin Templeton also reported negative flows. Bitcoin dropped below $77,000 over the weekend amid geopolitical tensions and rising oil prices.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments