U.S. Bitcoin Spot ETFs See Outflows of Over $64 Million

Recent data reveals a significant outflow from U.S. Bitcoin spot exchange-traded funds (ETFs), as per analysis by BlockBeats, with investors withdrawing a total of $64.9 million in just a single period. This movement specifically impacted three prominent ETFs: Bitwise BITB saw outflows totaling $17.9 million, ARK ARKB saw a withdrawal of $21.8 million, and Grayscale GBTC experienced outflows worth $25.2 million. This suggests a notable change in investor sentiment towards these Bitcoin-based investment vehicles.