U.S. Spot Bitcoin ETFs See $1.722B Weekly Net Outflow, IBIT Leads Redemptions
Huo Xing Finance cited data from Farside Investors showing U.S. spot Bitcoin ETFs posted a combined net outflow of $1.722 billion this week. IBIT accounted for the bulk of withdrawals, with $1.3372 billion in net outflows. FBTC recorded $201.9 million in net outflows, followed by GBTC at $144.3 million, and ARKB at $49.7 million. On the inflow side, MSBT took in $35.1 million and HODL added $4.2 million. EZBC, BRRR, BTCW, and BTC reported no net inflows over the week.