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US Spot Bitcoin ETFs See $268 Million in Outflows as Crypto Market Weakens
U.S. spot Bitcoin exchange-traded funds recorded approximately $268.5 million in net outflows during Thursday’s trading session, reversing a five-day inflow streak as Bitcoin fell below the $80,000 level amid broader crypto market weakness. According to data from Farside Investors, the outflows marked the largest single-day withdrawal from spot Bitcoin ETFs in nearly two weeks. BlackRock’s iShares Bitcoin Trust (IBIT) led the outflows with approximately $98 million withdrawn during the session. Fidelity’s FBTC posted roughly $129 million in net redemptions, while Grayscale’s GBTC lost approximately $26.8 ... (full story)
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