Bitcoin Spot ETFs Log $120 Million Net Outflows
Bitcoin spot ETFs have seen significant outflows in recent times. According to data from Whale Insider, the total net outflow for Bitcoin spot ETFs is $120.24 million. This figure represents a net reduction in capital held through U.S. spot Bitcoin ETF products over the period covered.
The data does not provide information on which individual funds recorded inflows or outflows or indicate the reasons behind the movement. However, it's essential to note that a single net-flow reading provides only a snapshot of activity during the period reported.