U.S. Spot Bitcoin ETFs Suffer Fourth Consecutive Day of Net Outflows

The U.S. spot Bitcoin ETF market has experienced its fourth consecutive day of net outflows, totaling $49.7 million on the 28th.

This marks a significant escalation from the previous day's $11.6 million in outflows and raises concerns about weakening investor sentiment.

The majority of these outflows were concentrated in BlackRock's iShares Bitcoin Trust ETF (IBIT), which hemorrhaged $54.8 million, or approximately ₩80 billion, on its own.