US-listed Bitcoin Exchange Traded Funds (ETFs) experienced significant outflows on Wednesday, shedding nearly $470 million in a single day, according to data from SoSoValue. This movement followed a brief drop in Bitcoin’s price below the $110,000 mark before it recovered some losses throughout the day. 3 prominent ETFs witnessed substantial withdrawals: Fidelity’s FBTC led the way with $164 million, followed by ARK Invest’s ARKB ( $143 million), and BlackRock’s IBIT, which reported another $88 million in redemptions. Grayscale’s GBTC registered $65 million outflows, while Bitwise’s BITB saw a modest outflow of $6 million. 2 days prior to this significant withdrawal, ETFs collectively gained over $350 million in inflows during Monday and Tuesday.