Bitcoin Spot ETFs Record Largest Daily Net Outflow in Nearly Two Months
Bitcoin spot ETFs experienced their largest daily net outflow in nearly two months on Thursday, totaling $282.6 million.
This marked a reversal of part of the $3.8 billion in net inflows recorded during the funds' strongest three-week stretch this year.
The ARK 21Shares Bitcoin ETF (ARKB) accounted for the largest share of Thursday's outflows, with $164 million withdrawn.
Grayscale's Bitcoin Trust ETF (GBTC) and Fidelity's FBTC also saw significant outflows at $36 million and $33.6 million, respectively.