Grayscale's GBTC spot exchange-traded fund saw a $4 million influx into its converted trust, marking the second such inflow after 78 days of net outflows totaling $63 million.

Since its conversion into the spot bitcoin trust earlier this year, GBTC has experienced a cumulative net outflow of $17 billion, holding approximately 292.217 BTC, valued at $18.4 billion, a decrease from 619.220 BTC. Eleven US spot bitcoin ETFs collectively attracted $217.6 million in funds, with Fidelity's FBTC leading net inflows at $99 million and Ark Invest's Bitcoin fund garnering $76 million.

BlackRock's IBIT fund, previously without flows, received a $22 million inflow, while Invesco and Galaxy Digital's BTCO saw $11 million in net inflows. Bitwise, VanEck, and Franklin Templeton received $2 million in net inflows.

Following April 23rd, there was a consistent stream of net inflows, contrasting with US spot bitcoin ETFs' net outflow of $343.5 million in the same month. Daily trading volume for the funds has declined from its March peak, with last week's volume reaching approximately $11 billion compared to $32 billion in March. Bitcoin trading fell by 1.17%, settling at $63,152.