"U.S.-listed spot bitcoin ETFs snapped a nine-day inflow streak with a combined net outflow of $263.18 million, a notable shift in sentiment after more than a week of consistent demand."
"Fidelity's FBTC bore the brunt of the selling, shedding $150.40 million. Grayscale's GBTC followed with $46.63 million in outflows, while Ark & 21Shares' ARKB saw $43.30 million exit."
"Despite the reversal, trading activity remained robust. Total value traded across bitcoin ETFs reached $1.93 billion, underscoring continued investor engagement even as flows turned negative."
Bitcoin ETFs faced a significant outflow of $263.18 million, ending a nine-day inflow streak. The largest withdrawals came from Fidelity's FBTC, which lost $150.40 million. Grayscale's GBTC and Ark's ARKB also saw notable outflows. Despite these withdrawals, trading activity remained strong, with $1.93 billion traded across bitcoin ETFs. Ether ETFs experienced $50 million in net outflows, while Blackrock's ETHB saw a slight increase. The overall market sentiment reflects a cautious pause among investors.
Read at news.bitcoin.com
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