On April 11th, BlackRock’s Bitcoin ETF launch was notable, accumulating $17.2 billion, putting it in close competition with the leading ETF. Since the launch of the GBTC convertible fund, fund outflow reached $16.38 billion. On April 15th, only BlackRock and Grayscale products experienced fund movements.
According to SoSoValue, the total net outflows from spot Bitcoin ETFs in the U.S. totaled $36.67 million.