The post U.S. Bitcoin ETFs See $400M Outflows, Ending Six-Day Inflow Streak appeared first on Coinpedia Fintech News
U.S. spot Bitcoin ETFs experienced $400.67 million in outflows on Thursday, breaking a six-day streak of positive inflows. Ark’s and Bitwise’s ETFs saw their largest single-day withdrawals since launch. Fidelity’s FBTC led the outflows with $179.2 million, while Ark’s ARKB and Bitwise’s BITB had $161.7 million and $113.9 million exits, respectively. BlackRock’s IBIT saw a rare positive inflow of $126.5 million. Meanwhile, U.S. spot Ethereum ETFs faced $3.2 million in modest outflows. Analysts expect a potential recovery despite the recent downturn in both Bitcoin and Ethereum.