Bitcoin ETFs Record $635.6M Net Outflows, Largest Since June

U.S. spot Bitcoin ETFs saw $635.6 million in net outflows on Thursday, the largest daily withdrawal since June, reversing Wednesday's inflows. BlackRock's IBIT lost $254.1 million, Fidelity's FBTC $217.5 million, and Ark's ARKB $109.4 million. Morgan Stanley's MSBT gained $2.3 million. Despite the outflows, the week still netted $442.7 million. Bitcoin fell 3.4% to around $81,500 as tech stocks sold off.