Bitcoin Spot ETFs See Two-Day Net Outflow Streak
US spot Bitcoin exchange-traded funds (ETFs) have seen net outflows for two consecutive trading days. According to Trader T, on the 10th local time, US spot Bitcoin ETFs recorded a total of $120.24 million in net outflows. This marks the second straight day of capital exiting these funds.
The largest net outflow was seen in Ark Invest's ARKB, which lost $77.98 million. BlackRock's IBIT also shed $19.53 million in value. In contrast, Morgan Stanley's MSBT managed to attract a small amount of $4.49 million in net inflows.
However, spot Ethereum ETFs flipped back to net inflows on the same day, with total inflows reaching $34.75 million. BlackRock's staking ETF, ETHB, captured the largest inflow at $22.94 million, while BlackRock's ETHA drew in $9.71 million.