Yesterday, the Bitwise Bitcoin ETF was the only one to see a net inflow, while no other Bitcoin ETFs experienced any net inflows. Despite this, US spot Bitcoin ETFs have seen a substantial cumulative inflow of $11.77 billion since being listed. However, volumes have been steadily decreasing since reaching a peak in early March, indicating a change in market dynamics .

The Bitwise Bitcoin ETF stands out with $12 million in inflows, while other Bitcoin ETFs saw no net inflows. The current state of the cryptocurrency market remains a concern for investors, with Bitcoin trading at $61,390 and Ethereum attempting to break the $3,000 resistance at $2,985.

Grayscale’s GBTC has generally experienced heavy outflows that have suppressed inflows into other products since being converted into a spot Bitcoin ETF. However, no change was observed in this situation as of yesterday. According to SoSo Value data, there was approximately $17 billion in net outflows.