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Bitcoin ETF Outflows Reach $201.8M Amid Altcoin Inflows

Guavy AI Editorial Team
Instruments
BTC
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US spot Bitcoin ETFs experienced significant net outflows totaling $201.8 million on a recent session, according to institutional flow tracking data.

This figure ranks among the most notable outflow sessions since these products launched in early 2024.

The move is not affecting issuers equally, with Fidelity and ARK Invest accounting for the majority of the outflows, while BlackRock's IBIT shows relative resilience.

Bitcoin's current price action, trading within a consolidation range around $60,000 to $65,000, may be prompting some ETF holders to trim their positions, particularly those who accumulated during the February to March 2024 peaks.

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