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Crypto

Bitcoin Spot ETFs Suffer Net Outflow of $463M in Latest Week

Guavy AI Editorial Team
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BTC
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Bitcoin spot exchange-traded funds (ETFs) saw a significant net outflow of $463 million last week, according to data from SoSoValue. The information was reported by ME News on September 14.

The ARKB ETF, offered by Ark & 21 Shares, experienced the largest weekly net outflow with $234 million leaving the fund. Despite this, its cumulative net inflow remains at a substantial $1.22 billion.

In contrast, the Grayscale Bitcoin Trust (GBTC) had a notable net outflow of $129 million last week. Its total net outflow to date is now over $27.78 billion.

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