U.S. spot Bitcoin ETFs witness $488M in inflows on June 5

U.S. spot Bitcoin ETFs experienced a net inflow of $488 million on June 5, according to data from investment management firm Farside Investors and crypto analyst @HODL15Capital. This marks the 18th consecutive day of net inflows. Fidelity’s FBTC saw the greatest net inflow of $220.6 million, followed by BlackRock’s IBIT ($156 million), the ARK 21Shares Bitcoin ETF ($71.4 million), Bitwise's BITB ($18.5 million) and Grayscale's GBTC ($14.6 million). No ETF experienced a net outflow on this day.