On June 12, inflows into spot Bitcoin ETFs amounted to $100.9 million. Over the previous two days, investors had withdrawn $265 million from these products, according to SoSoValue.
This followed a series of inflows during which approximately $4 billion entered these instruments, including $1.8 billion in the last five days.
On June 12, the leader was Fidelity’s FBTC with $51 million. BlackRock’s IBIT attracted $16 million, Bitwise’s BITB — $15 million, VanEck’s HODL — $12 million, and Ark Invest’s ARKB — $9 million.
Grayscale’s GBTC showed no change.
Since registration, BTC-ETFs have received $15.52 billion.
According to Glassnode, the implementation of a strategy based on the price difference between spot and derivative markets is restraining buyer pressure in Bitcoin-based exchange-traded funds.
Previously, K33 Research noted that the current situation with BTC-ETFs reflects demand more than arbitrage between spot and futures markets.