- GBTC saw net outflows increase to $93.2 million.
- FBTC had net outflows of $35.3 million.
- Bitwise Bitcoin ETF (BITB) recorded net outflows of $34.3 million.
- Excluding flow data for IBIT, the US BTC-spot ETF market saw total net outflows of $161.6 million.
- Barring an unexpected surge in IBIT net inflows, the US BTC-spot ETF market will extend its outflow streak to five sessions.
- Excluding the flow data for IBIT, the US BTC-spot ETF market saw total net outflows of $344.0 million in April.
Hong Kong BTC and ETH-spot ETFs failed to impress crypto market investors on the first day of trading. Nevertheless, the numbers were positive in relative terms.
Bloomberg Intelligence ETF Analyst James Seyffart shared trading volume numbers for Day 1. HK BTC-spot ETFs saw trading volumes of $9.74 million, with ETH-spot ETFs recording trading volumes of $3.01 million. ETH ended the Tuesday session…
