U.S. Spot Bitcoin ETFs See $96M in Outflows, Snapping 4-Day Inflow Streak

Description

U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $96.14 million in net outflows on Tuesday, breaking a four-day streak of inflows that had culminated in a record-setting performance just a day earlier. Fidelity’s FBTC led the downturn with $91.39 million in net redemptions, while Hashdex’s DEFI ETF saw $4.75 million in outflows, according to data from SoSoValue . These two funds were the only ones among the 12 spot Bitcoin ETFs to report any movement, as all others posted flat flows. Spot...