{"id":14056,"date":"2024-06-04T15:29:12","date_gmt":"2024-06-04T12:29:12","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-spot-etfs-see-inflows-for-15-consecutive-days\/"},"modified":"2024-06-04T15:29:12","modified_gmt":"2024-06-04T12:29:12","slug":"bitcoin-spot-etfs-see-inflows-for-15-consecutive-days","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-spot-etfs-see-inflows-for-15-consecutive-days\/","title":{"rendered":"Bitcoin Spot ETFs See Inflows for 15 Consecutive Days"},"content":{"rendered":"<p>On June 3, inflows into 11 approved spot Bitcoin ETFs amounted to $105.1 million. This positive trend has continued for 15 consecutive days, according to <a href=\"https:\/\/sosovalue.xyz\/assets\/etf\/us-btc-spot\">SoSoValue<\/a>.<\/p>\n<p>During this period, the segment attracted $2.28 billion. Since the <a href=\"https:\/\/forklog.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">registration of these products<\/a>, the total has reached $13.96 billion.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1049.webp\" alt=\"1-1049\" class=\"wp-image-234097\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/farside.co.uk\/?p=997\">Farside<\/a>.<\/figcaption><\/figure>\n<p>A longer trend of 17 trading days was observed only once before, in January, following the launch of ETF trading.<\/p>\n<p>The pace of inflows has significantly slowed compared to the peak levels in March.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2-802.webp\" alt=\"2-802\" class=\"wp-image-234098\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>According to <a href=\"https:\/\/bitcointreasuries.com\/#etfs\" title=\"\">BitcoinTreasuries<\/a>, the total volume of Bitcoin products held by issuers has reached 1,035,233 BTC ($71.4 billion), equivalent to 4.93% of the digital gold&#8217;s supply. Specifically, BlackRock&#8217;s IBIT holds 291,563 BTC (1.39%), while GBTC holds 286,957 BTC (1.37%). The gap between them has widened.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"259\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/3-462-1024x259.png\" alt=\"3-462\" class=\"wp-image-234095\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/3-462-1024x259.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/3-462-300x76.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/3-462-768x194.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/3-462.png 1128w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: BitcoinTreasuries.<\/figcaption><\/figure>\n<p>On June 3, Fidelity&#8217;s FBTC led in terms of dynamics with $77 million. It was followed by Bitwise&#8217;s BITB ($14 million) and Ark Invest and 21Shares&#8217; ARKB ($11 million).<\/p>\n<p>IBIT and GBTC, which hold the first and second places in <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span>, did not record any inflows.<\/p>\n<p>In May, investors directed $2 billion into crypto products, according to CoinShares.<\/p>\n<p>Bernstein analysts have forecasted inflows into digital asset-based ETFs to reach <a href=\"https:\/\/forklog.com\/en\/news\/bernstein-predicts-crypto-etf-market-surge-to-450-billion\">$100 billion over the next 18\u201324 months<\/a>.<\/p>\n<p>Earlier, Matrixport co-founder Daniel Yan <a href=\"https:\/\/forklog.com\/en\/news\/matrixport-co-founder-suggests-solana-as-next-etf-candidate\">suggested<\/a> that Solana could be the next candidate for an ETF launch <a href=\"https:\/\/forklog.com\/en\/news\/sec-approves-spot-ethereum-etfs-key-developments\">after Ethereum<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On June 3, inflows into 11 approved spot Bitcoin ETFs amounted to $105.1 million. This positive trend has continued for 15 consecutive days, according to SoSoValue. During this period, the segment attracted $2.28 billion. Since the registration of these products, the total has reached $13.96 billion. Data: Farside. A longer trend of 17 trading days [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,1145],"class_list":["post-14056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=14056"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14056\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/14055"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=14056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=14056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=14056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}