U.S. Spot Bitcoin ETFs Record $509M Net Outflows on Jan. 31, Ethereum Products Lose $252.9M
U.S. spot Bitcoin exchange-traded funds recorded net outflows of $509 million on January 31, Farside Investors data show. BlackRock's IBIT saw outflows of $528.3 million, while Fidelity's FBTC and ARK's ARKB posted inflows of $7.3 million and $8.3 million respectively, and VanEck's HOOD added $3 million. U.S. spot Ethereum ETFs registered net outflows of $252.9 million the same day, with BlackRock's ETHA losing $157.2 million and Fidelity's FETH recording $95.7 million in outflows.