Summary
- Bitcoin spot ETFs recorded net outflows for four consecutive days.
- Notably, BlackRock IBIT experienced a large-scale net outflow of $190.7 million.
- Net outflows continue from Fidelity FBTC and Ark Investment ARKB.
Bitcoin (BTC) spot Exchange-Traded Funds (ETFs) recorded net outflows for four consecutive trading days.
According to Faside Investor and Trinews on the 24th (local time), a total of $340.5 million was withdrawn from Bitcoin spot ETFs on this day.
The only product that recorded a net inflow was Bitwise BITB, which had a net outflow of $8.5 million.
On the other hand, large-scale net outflows occurred from BlackRock IBIT, Fidelity FBTC, and Ark Investment ARKB. In order of size, BlackRock IBIT was the largest at $190.7 million, followed by Fidelity FBTC (-$83.2 million) and Ark Investment ARKB (-$75 million).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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