Bitcoin Spot ETFs experienced a significant net outflow of $425 million yesterday, marking one of the largest single-day outflows recently. The primary contributors to this outflow were BlackRock's $IBIT, which saw withdrawals of $185 million, and Fidelity's $FBTC, with $246 million in outflows. Grayscale's $GBTC also recorded a $53.06 million outflow.
Conversely, Grayscale Mini's $BTC ETF attracted $53.38 million in inflows, while VanEck's $HODL ETF saw $6.14 million in new investments. Other major ETF providers, including Bitwise, Ark, Invesco, Franklin, Valkyrie, Morgan Stanley, and WisdomTree, reported zero net flows for the day.
Bitcoin Spot ETFs See $425 Million Net Outflow Amid Major Withdrawals
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