U.S. spot Bitcoin ETFs experienced a significant net outflow of $291 million yesterday, marking the largest single-day outflow since March 24. The majority of the outflow came from FBTC, which saw $229 million withdrawn, while ARKB recorded an outflow of $62.9 million. This movement highlights the ongoing volatility in the cryptocurrency market, with ETF fund flows showing a strong correlation with Bitcoin price trends.
U.S. Spot BTC ETFs See $291 Million Net Outflow, Largest in Two Weeks
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
