U.S. Bitcoin Spot ETFs Suffer Significant Outflows This Week

A new report by BlockBeats reveals that U.S. Bitcoin spot exchange-traded funds (ETFs) experienced a notable net outflow of $131.6 million this week. While BlackRock’s IBIT ETF registered a net inflow of $81.1 million, Fidelity’s FBTC faced a substantial net outflow of $167.7 million. Similarly, ARKB saw a net outflow of $24.5 million. This trend indicates potential challenges for the growing Bitcoin ETF market in the U.S.