Fidelity’s Bitcoin fund led the pack with $378.7 million in net inflows on the U.S. spot Bitcoin ETFs second-highest joint net inflow day, according to preliminary data.

The United States spot Bitcoin exchange-traded funds (ETFs) have seen their second-best-ever joint net inflow day of $886.6 million, according to preliminary data.

The Fidelity Wise Origin Bitcoin Fund (FBTC) saw the largest inflow at $378.7 million, while BlackRock’s iShares Bitcoin Trust (IBIT) was second with $274. million, according to early data from Farside Investors.

The ARK 21Shares Bitcoin ETF (ARKB) was the third-best performer with $138.7 million in net inflows, Farside data shows.

It’s the highest net inflows the funds have seen since March 12, when they took in a record $1.04 billion. Bitcoin hit an all-time high of $73,679 a day later on March 13.

Farside data reported the Grayscale Bitcoin Trust (GBTC) saw a rare inflow day at $28.2 million, the seventh time it’s seen an inflow since it converted from a closed-end fund to a spot ETF in January.

GBTC has seen over $17.8 billion in net outflows, which have been attributed to its high management fee of 1.5% and its narrowed discount that saw many holders seeing an opportunity to exit.

Grayscale’s Bitcoin fund initially held 620,000 BTC when the spot Bitcoin ETFs launched, but that’s now fallen to 285,481 BTC, worth $20.2 billion, according to the Apollo Bitcoin Tracker.

Get to know Godleak

Godleak crypto signal is a  service which provide profitable crypto and forex signals. Godleak tried to provide you signals of best crypto channels in the world.

It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.

Godleak crypto leak service have multiple advantages in comparision with other services:

•  Providing signal of +160 best crypto vip channels in the world
• Using high tech bot to forward signals
• Without even a second of delay
• Joining in +160 separated channels on telegram
• 1 month, 3 months , 6 months and yearly plans
• Also we have trial to test our services before you pay for anything

For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features

Join for Free

☟☟☟☟☟

https://t.me/Godleakbot

Also you can check the list of available vip signal channels in the bot. by pressing Channels button.

ETF Store president Nate Geraci hit back at Bitcoin critics on X who he said claimed the Bitcoin ETFs would see little demand.

“I was told several months ago that all of the ‘degen retail’ investors who wanted to buy had already done so [and] there was nobody left,” Geraci wrote. “How can this be?”

Bloomberg ETF analyst Eric Balchunas wrote on X that it was “big-time flows all around today for The Ten” — the Bitcoin ETFs bar Hashdex’s, which joined the market months after the others had launched and has struggled to see inflows.

The Bitcoin ETFs from Invesco Galaxy, Franklin Templeton, WisdomTree and Hashdex didn’t see any demand, with each of the issuers recording no flows for June 4.

It comes as Bitcoin has rallied 2.9% to $71,000 over the last 24 hours, according to CoinGecko.