Crypto Markets See Big Flows as Bitcoin Spot ETFs Record $137M Outflows
Crypto markets have seen significant developments in recent times. One of the notable trends is the net outflow from Bitcoin spot ETFs, which saw a total of $137.32 million in daily outflows. Fidelity's FBTC recorded the largest single-fund outflow at approximately $111.90 million.
Jane Street has disclosed its holdings in BTC, revealing nearly $990 million in exchange-traded funds. This includes an allocation of around $828 million to BlackRock's iShares Bitcoin Trust (IBIT), with the remainder distributed across other listed products.
Upbit and Bithumb, two major South Korean exchanges, have reported a 50% year-over-year decline in revenue for the first half of 2026. This downturn mirrors the broader market contraction, which saw Bitcoin fall by over 30% to around $60,000 during the same period.