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Sujha Sundararajan

Bitcoin Spot ETFs Post $869.86M Outflow, Second-Largest on Record

U.S.-traded Bitcoin spot exchange-traded funds recorded combined net outflows of $869.86 million on Thursday, the second-largest single-day withdrawal since their market debut, data show. Grayscale Mini Trust led with $318.2 million in outflows, followed by BlackRock's IBIT at $256.6 million. The selloff coincided with Bitcoin falling below $100,000 for the first time in 188 days.