The U.S. spot Bitcoin exchange-traded fund (ETF) has seen net outflows for the fifth consecutive day, with a fund outflow of $139.88 million on Thursday. According to data from SoSoValue, the U.S. Bitcoin spot ETF has experienced net outflows for the fifth consecutive day, with a fund outflow of $139.88 million yesterday.
Most ETFs have maintained net outflows or no fund flow, with the only ETF recording net inflows being BlackRock’s IBIT, which recorded net inflows of approximately $1 million yesterday.
Thursday’s total ETF trading volume reached $1.16 billion, lower than the $1.7 billion on Tuesday. Since their launch in January this year, these 11 Bitcoin spot ETFs have accumulated a total net inflow of $146.7 billion.
On the other hand, several ETF issuers are also actively pushing for the approval of Ethereum ETFs. According to a previous report by Zombit, the issuers of Ethereum spot ETFs received comments from the U.S. Securities and Exchange Commission (SEC) on their S-1 documents last week, and the issuers need to make modifications to these documents and submit them by Friday.