The US Bitcoin spot ETF had a net outflow of $71.73 million yesterday, while BlackRock IBIT recorded

According to SoSo Value statistics, the net outflow of funds from US Bitcoin spot exchange traded funds (ETFs) yesterday (29th) was approximately $71.73 million, showing a net outflow for three consecutive trading days.

The Bitcoin spot ETF with the highest net outflow amount yesterday was the FBTC issued by Fidelity, with an amount of $31.11 million, followed by Grayscale's GBTC, with an amount of $22.68 million. It is worth noting that BlackRock's IBIT recorded its first net outflow since May 1st, with an amount of $13.51 million, when the Bitcoin price was at a relatively low point before the month's uptrend began.

After two consecutive days of significant net outflows, ARKB, jointly issued by Ark Investment and 21Shares, recorded a net inflow of $5.34 million yesterday, making it the only Bitcoin spot ETF to show a net inflow yesterday.

The total daily transaction volume of these 12 funds decreased from 2.18 billion US dollars the day before yesterday to 1.64 billion US dollars, and the cumulative net inflow has reached nearly 17.8 billion US dollars.

Ethereum spot ETF shows slight net outflow

The US Ethereum spot ETF ended its 9-day trend of net fund outflows two days ago, but recorded another net outflow of $1.77 million yesterday.

The ETHE issued by Grayscale is the only Ethereum spot ETF to record a net outflow of $5.35 million, offset by a net inflow of $3.57 million from Grayscale Ethereum Mini Trust Fund (ETH). The net cash flow of the other seven funds is zero.