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Spot Bitcoin ETFs See $236.5 Million Outflows Amid Reversal

Guavy AI Editorial Team
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BTC
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Fidelity's Wise Origin Bitcoin Fund (FBTC) saw its first September outflow on September 1, with investors withdrawing $43.7 million in net withdrawals.

This followed an up-and-down end to August, where the fund recorded a $6.9 million inflow on August 31 after an $83.6 million outflow on August 27.

However, despite the withdrawal, the overall flow remains positive, with FBTC having seen about $10.21 billion in net inflows overall.

BlackRock's iShares Bitcoin Trust (IBIT) recorded a much larger $201.2 million outflow on September 1, making it the largest contributor to the total $236.5 million outflows from spot Bitcoin ETFs.

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