Bitcoin Spot ETF Records Net Outflow of $523.3 Million

Source
YM Lee

Summary

  • It was announced that a net outflow of $523.3 million occurred from Bitcoin (BTC) spot Exchange-Traded Funds.
  • Fidelity's FBTC saw approximately $246.9 million withdrawn, accounting for the largest share.
  • Grayscale's GBTC experienced an outflow of $115.5 million.

The Bitcoin (BTC) spot Exchange-Traded Fund recorded a net outflow of $523.3 million.

According to Farside Investors data on the 20th (local time), $523.3 million was withdrawn from Bitcoin spot ETF products on the 19th. The product with the largest outflow was Fidelity's FBTC, with approximately $246.9 million withdrawn, followed by Grayscale's GBTC with $115.5 million.

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YM Lee

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