Bitcoin ETFs experienced significant outflows totaling $83.27 million on December 26, marking the fifth consecutive day of redemptions. This trend coincides with Bitcoin's struggle to maintain its price above $88,000, having dropped over 1% in the past 24 hours.
Fidelity's FBTC was the largest contributor to the outflows, with $74.38 million redeemed, while Grayscale's GBTC saw $8.89 million in redemptions. The total assets under management for Bitcoin ETFs have decreased to $113.83 billion, with cumulative inflows and outflows reaching $56.82 billion.
Bitcoin ETFs Face $83.27M Outflows Amidst Price Dip
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