Spot bitcoin ETFs record largest daily net outflows ever | The Block
Powered by @unfolded- U.S. spot bitcoin ETFs saw the largest daily net outflows on Wednesday, with $563.7 million leaving the funds.
- Fidelity’s FBTC experienced the largest net outflows, with over $191 million moving out of the fund, followed by Grayscale’s GBTC with $167.3 million net outflow.
- Ark Invest’s ARKB witnessed $98.1 million in daily net outflows, marking a significant outflow for the fund.
- The spot bitcoin ETF hype seems to have died down, with April’s net monthly outflows reaching $343.5 million, ending their three-month inflow streak.
https://www.theblock.co/post/292078/spot-bitcoin-etf-record-outflow