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Danny Park

U.S. Spot Bitcoin ETFs See $903 Million Outflows in Second-Largest Single-Day Withdrawal

U.S. spot bitcoin exchange-traded funds recorded net outflows of $903.11 million on Thursday, the second-highest daily withdrawal since their launch, according to SoSoValue data. BlackRock's IBIT led the exodus with $355.5 million in withdrawals, followed by Grayscale's GBTC at $199.35 million and Fidelity's FBTC at $190.4 million. Eight funds in total contributed to the outflows amid broader risk-off sentiment across equity and cryptocurrency markets.
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