U.S. Bitcoin spot exchange-traded funds (ETFs) registered significant investor withdrawals with a total net outflow of $342.2 million in a single trading session.
The Fidelity Wise Origin Bitcoin Fund (FBTC) dominated the redemptions with a net outflow of $172.7 million, while Grayscale Bitcoin Trust (GBTC) recorded $119.5 million in withdrawals.
Contrasting the trend, iShares Bitcoin Trust (IBIT) maintained neutral positioning, exhibiting no net inflows or outflows during the period.