Bitcoin Spot ETFs Suffer $61M Net Outflow on August 12
Bitcoin spot exchange-traded funds (ETFs) experienced a net outflow of $61.16 million on August 12, according to SoSoValue data reported by ME News.
Fidelity's FBTC was the largest single-day net outflow, with $46.82 million in withdrawals; its cumulative net inflow now stands at $9.945 billion.
BlackRock's IBIT ETF saw a net outflow of $14.34 million on August 12, while its total historical net inflow has reached $61.157 billion.