<ul><li>U.S. spot bitcoin ETFs recorded $127.12 million in net outflows on Wednesday, despite substantial gains in equity and crypto markets.</li><li>BlackRock’s IBIT saw the highest outflows among bitcoin ETFs, with $89.71 million in redemptions during the trading session.</li><li>The ongoing withdrawals from spot Bitcoin ETFs stretched their five-day consecutive loss streak.</li><li>Bitwise's BITB was the only spot Bitcoin ETF to record inflows, attracting $6.71 million in funds on Wednesday.</li></ul>

Spot Bitcoin ETFs Bleed $127M Despite Market Rally on Tariff Pause

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