Market News / Story
U.S. Spot Bitcoin ETFs See $89.8 Million in Net Outflows
Bloomingbit ·
Bloomingbit reports: U.S. spot Bitcoin exchange-traded funds recorded a sharp net outflow of capital. Farside Investors data showed that U.S. spot Bitcoin ETFs posted total net outflows of $89.8 million on October 5. Among individual products, Ark Invest's ARKB logged the largest net outflow at $85.2 million. Fidelity's FBTC also posted net outflows of $74.5 million. BlackRock's IBIT, by contrast, recorded net inflows of $69.9 million, partially offsetting the broader outflows. The…