Bitcoin ETFs shed $450M in biggest outflow since June
Summary
US spot Bitcoin ETFs posted their biggest one-day outflows since June 24, with a net $450.4 million leaving the 13 funds on Tuesday. The pullback followed a stalled crypto bill in the Senate. Fidelity’s FBTC led redemptions with $214.8 million outflow, followed by BlackRock’s iShares Bitcoin Trust at $161.7 million, Grayscale’s GBTC at $44.1 million, ARK 21Shares’ ARKB at $17.4 million, and Bitwise’s BITB at $12.4 million. The day before, the funds had taken in $159.9 million. Bitcoin was trading around $75,700, down 2.5% over 24 hours.
