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Bitcoin ETFs See $614 Million Outflow, Led by IBIT

  • Bitcoin ETFs experienced a significant outflow of $614 million, indicating a shift in investor sentiment.
  • BlackRock's IBIT suffered the most with $430.8 million in net outflows, followed by Fidelity's FBTC and ARK Invest's ARKB.
  • Bitwise's BITB and Grayscale Mini's BTC ETF also saw notable outflows, losing $35.3 million and $16.2 million, respectively.
  • Several other Bitcoin ETFs showed no activity in terms of net flows during the day, possibly reflecting heightened market uncertainty.

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