Bitcoin ETFs Lose $287 Million, Biggest Daily Outflow in Four Months

Fidelity’s FBTC led the outflows, posting $162.3 million in withdrawals. Grayscale’s GBTC saw an outflow of $50.4 million, and BITB and ARK lost $25 million and $33.6 million, respectively, with others accounting for the remainder of the cumulative outflow. BlackRock’s IBIT totaled zero for the second consecutive trading day.