TechFlow reports, according to on-chain analyst Yujin, BlackRock's (IBIT) streak of 71 consecutive trading days of net inflows has ended: last night (4/24), BlackRock (IBIT) saw no inflows. It might have also been the day with the lowest inflows (not net inflows), recording only $9.78M in inflows.
On April 24, eleven Bitcoin spot ETFs recorded a total net outflow of $120.64M, corresponding to a net outflow of approximately 1,886 BTC from ETF custodial addresses after tonight's (4/25) US stock market opening:
- Outflows: Grayscale (GBTC) outflowed about 2,039 BTC (corresponding to $130.42M outflow on 4/24);
- Inflows: The other ten ETFs combined inflowed about 153 BTC (corresponding to $9.78M inflow on 4/24).
Currently, the total holdings of the eleven Bitcoin spot ETFs amount to 838,964 BTC ($53.65B).
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