PiCK

US spot Bitcoin ETFs see $66m in net outflows… institutional flows slow

Source

YM Lee

Summary

US spot Bitcoin ETFs saw net outflows totaling $66.71 million.
Fidelity’s FBTC recorded the largest outflow at $45.35 million.
Some ETFs, including ARK’s ARKB and Invesco’s BTCO, were reported to have seen no inflows or outflows.

Forecast Trend Report by Period

US spot Bitcoin ETFs recorded net outflows.

Data compiled by Trader T as of the 24th (local time) showed total net outflows from spot Bitcoin ETFs at $66.71 million.

By fund, Fidelity’s FBTC posted the largest outflow at $45.35 million. It was followed by Bitwise’s BITB with $16.60 million and BlackRock’s IBIT with $4.76 million.

In contrast, ARK’s ARKB, Invesco’s BTCO, Franklin Templeton’s EZBC, Valkyrie’s BRRR, VanEck’s HODL, WisdomTree’s BTCW, and Grayscale’s GBTC and BTC Mini ETF were reported to have seen no inflows or outflows.

BTC