US Spot Bitcoin ETFs Post $635.6M Net Outflows, Largest Since June

U.S. spot Bitcoin ETFs saw $635.6 million in net outflows on Thursday, the largest daily withdrawal since June. BlackRock IBIT lost $254.1 million and Fidelity FBTC lost $217.5 million, while Morgan Stanley MSBT gained $2.3 million. The funds still added $442.7 million for the week. Bitcoin fell 3.4% to about $81,500 as tech stocks sold off.