Grayscale's GBTC spot bitcoin ETF sees $63 million of inflows, ending 78-day outflow streak

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Grayscale's GBTC spot bitcoin ETF sees $63 million of inflows, ending 78-day outflow streak
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The U.S. spot bitcoin ETFs registered their first daily net inflows since April 23 and the largest since March 13, totaling $378.3 million.

Grayscale’s GBTC spot bitcoin exchange-traded fund witnessed its first-ever daily net inflows on Friday, ending a 78-day run of consecutive outflows.

“Holy crap GBTC had inflows today. Its 80 day-ish streak is finally over,” Bloomberg ETF analyst Eric Balchunas posted on X. “I had to run my eyes and double check the data but it’s true.” Among the early reporters, Franklin Templeton’s EZBC registered a record daily net inflow of $60.9 million on Friday, while Bitwise’s BITB, Ark Invest’s ARKB and VanEck’s HODL recorded $33.5 million, $28.1 million and $8.7 million worth of net inflows, respectively.

Overall, the U.S. spot bitcoin ETFs generated a daily net inflow of $378.3 million yesterday — their first since April 23 and the largest since March 13 as bitcoin was approaching its latest all-time high of $73,836.

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