Fidelity’s FBTC saw $191 million moved out of the fund, while BlackRock’s IBIT saw its first net daily outflow.
Spot bitcoin exchange-traded funds in the U.S. recorded $563.7 million in total net outflows on Wednesday — the largest total net daily outflows since their debut — according to data from SosoValue.
Ark Invest’s ARKB witnessed $98.1 million in daily net outflows, recording the third-largest net outflows of the day, followed by BlackRock IBIT’s $36.9 million and Bitwise BITB’s $29 million. This marked the first time that BlackRock’s spot bitcoin ETF recorded a net daily outflow.
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