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Bitcoin Spot ETFs Record $450M Outflow Amid Price Drop and Clarity Bill Stall

Guavy AI Editorial Team
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BTC
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Bitcoin spot exchange-traded funds (ETFs) saw significant outflows of $450.4 million on September 16, the largest since late June.

This was a sharp reversal from the previous day's net inflow of $159.9 million, according to Farside data.

The biggest outflow was seen in Fidelity's FBTC with $214.8 million withdrawn, followed by BlackRock's iShares Bitcoin Trust at $161.7 million and Grayscale's GBTC at $44.1 million.

Bitcoin prices fell 2.5% over the past 24 hours to $75,700, coinciding with the outflows.

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