May 16, 2025

Spot Bitcoin ETFs in witnessed net outflows of $139.88M in the US

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Spot bitcoin exchange-traded funds saw a net outflow to the tune of $139.88 million in the US. This continued for the past five days. Grayscale’s GBTC was ahead of the competition, coming up with a day-to-day net outflow amounting to $53 million. Second in line stood Fidelity’s FBTC, recording outflows to the tune of $51 …

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