On May 1st, the US spot Bitcoin exchange-traded funds (ETFs) saw substantial daily inflows totaling $129.45 million. Monday marked the fifth consecutive day of net inflows into spot ETFs for BTC after a week of lows in the final days of June.
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According to data from the cryptocurrency research platform SoSo Value, Fidelity’s Wise Origin Bitcoin Fund saw the largest inflow at $650,000. Bitwise Bitcoin ETF followed with $410,000.
ARK 21Shares Bitcoin ETF also experienced inflows of $130,000. Meanwhile, there were no inflows reported for the iShares Bitcoin Trust and GBTC (the two largest spot Bitcoin ETFs by assets under management) under BlackRock’s management that day.
