JUST

United

Wednesday

Bitcoin

Spot

Spot Bitcoin exchange-traded funds (ETFs) in the United States recorded net outflows of $34.4 million on Thursday, slowing compared to the previous day's record outflows.
<h2 id="daily-outflows-decrease-in-spot-bitcoin-etfs">Daily Outflows Decrease in Spot Bitcoin ETFs</h2>
Grayscale's GBTC, which has been experiencing persistent outflows, was the only ETF to record net fund outflows on Thursday, totaling $55 million, according to SoSoValue data.
In comparison, Ark Invest's ARKB led daily net inflows with $13 million inflows. Spot Bitcoin ETFs from Franklin Templeton, Valkyrie, Invesco and Galaxy Digital reported smaller net inflows, totaling $6 million.
BlackRock and Fidelity's Bitcoin funds, which rank second and third in terms of total net assets, both recorded zero flows on Thursday.
Bloomberg's ETF analyst James Seyffart previously explained that a zero-flow day is within ETFs' normal operations.
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A record was set for Bitcoin ETF outflows on Wednesday, recording $563.7 million, the largest outflow ever. Fidelity's FBTC, which started its fund outflow just last week, witnessed $191 million outflow from the fund, surpassing GBTC's outflow.
Wednesday also marked the first day of daily net fund outflows for BlackRock's IBIT.
However, industry experts emphasize that such fluctuations are not unusual in the ETF world. “These ETFs generally run smoothly. Entries and exits are part of the norm in the life of an ETF,” said James Seyffart, acknowledging the importance of the exit figure.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/following-the-record-outflow-in-bitcoin-etfs-due-to-the-influence-of-the-fed-there-was-a-serious-decrease-in-yesterdays-outflows/" rel="noopener noreferrer nofollow">Following the record outflow in Bitcoin ETFs due to the influence of the FED, there was a serious decrease in yesterday's outflows!</a>

Following the record outflow in Bitcoin ETFs due to the influence of the FED, there was a serious decrease in yesterday's outflows!

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