Spot Bitcoin ETFs Post $81M in Outflows

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$81.36 million left US spot Bitcoin exchange-traded funds on Wednesday, ending their two-day streak of positive inflows.

According to data from SosoValue, BlackRock’s IBIT, the largest spot Bitcoin ETF, saw $2.68 million in net inflows, while Franklin’s EZBC recorded $3.42 million in inflows, its first since July 22.

However, Grayscale’s GBTC had the largest outflows with $56.87 million, followed by Fidelity’s FBTC with $18.05 million, Ark and 21Shares’ ARKB with $6.77 million, and Bitwise’s BITB with $5.78 million.

The other six spot Bitcoin ETFs had no inflows or outflows. Total trading volume for all spot Bitcoin funds was $1.3 billion on Wednesday, up from $1.18 billion on Tuesday.