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U.S. Bitcoin spot ETF posts $495 million in net outflows last week…outflow size widens

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Suehyeon Lee
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  • TraderT reported that U.S. Bitcoin spot ETFs recorded large net outflows of $495 million last week.
  • Major products—BlackRock's IBIT, Bitwise's BITB, and ARK Invest's ARKB—experienced large capital outflows, while only Fidelity's FBTC showed a slight net inflow.
  • The market analyzes that due to weak Bitcoin prices, year-end liquidity reduction, and portfolio rebalancing demand, volatility in ETF fund flows has increased.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Photo=TraderT
Photo=TraderT

U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) recorded massive outflows exceeding $400 million last week.

On the 22nd (local time), TraderT reported that total net outflows from U.S. Bitcoin spot ETFs last week amounted to $495 million (about 733.1 billion won). During the same period, trading volume remained at $25 billion (about 37 trillion won), and the main weekly trading price was $87,990.

By product, BlackRock's IBIT saw the largest capital withdrawal with net outflows of $238 million. Bitwise's BITB also saw $115 million leave, and ARK Invest's ARKB recorded net outflows of $101 million.

By contrast, Fidelity's FBTC recorded net inflows of $33 million, showing some capital inflow. However, the simultaneous outflows from large products were insufficient to reverse the overall trend.

Market analysts say that with Bitcoin failing to reclaim the $90,000 level, year-end liquidity reductions and portfolio rebalancing demand are combining to increase volatility in ETF fund flows. Some also note that it will take time for inflows via spot ETFs to recover until the direction of institutional demand is reconfirmed.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

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