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Crypto Markets Witness $61 Million in Spot Bitcoin ETF Outflows

Guavy AI Editorial Team
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BTC ETH FET
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Crypto markets saw significant developments as spot Bitcoin ETFs recorded a total net outflow of $61.16 million, led by Fidelity's FBTC with a daily net outflow of $46.82 million.

Metaplanet transferred 5,014 BTC without selling any of its holdings, valued at roughly $322 million, as CEO Simon Gerovich explained it was a routine custody operation and no Bitcoin was sold.

Fidelity added Ethereum staking to its FETH fund, allowing the fund to stake up to 100% of its Ether holdings and earn rewards for shareholders.

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