BlackRock's IBIT Drives $70.47M Bitcoin ETF Outflow as Redemptions Hit Day Four

On Wednesday, spot bitcoin ETFs posted $70.47M in net outflows, marking a fourth straight session of redemptions led by BlackRock's IBIT at $61.45M. Ether ETFs also stayed negative, losing $28.14M for an eighth consecutive day, while XRP ETFs logged a small $1.45M inflow and Solana ETF flows were flat. Despite withdrawals, trading remained active with $1.36B traded in bitcoin ETFs and $350.41M in ether ETFs.