Bitcoin Spot ETFs See $131M Net Outflows as ARKB Leads Decline

Bitcoin spot ETFs witnessed significant net outflows yesterday, August 13th, Eastern Time. According to SoSoValue data, a total of $131 million was withdrawn from these funds. This decline is attributed to the ARKB ETF, a joint product by Ark Invest and 21Shares, which experienced the highest single-day net outflow at $58.8155 million.

On the other hand, Grayscale's Bitcoin Mini Trust ETF (BTC) saw substantial net inflows of $38.9268 million. Its historical total net inflows have reached a significant milestone of $2.739 billion.

Morgan Stanley's MSBT ETF also recorded notable net inflows of $7.0806 million, bringing its historical cumulative net inflows to $436 million.