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US Bitcoin Spot ETF Turns to Net Outflow After 16 Days

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Doohyun Hwang
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  • The US Bitcoin spot ETF has turned to a net outflow after 16 trading days.
  • The Bitcoin spot ETF recorded an outflow of $671.8 million, marking the largest since its launch.
  • Fidelity FBTC recorded the largest net outflow of $208.55 million.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

The US Bitcoin (BTC) spot ETF has turned to a net outflow after 16 trading days.

According to data from Trader T on the 19th (local time), the Bitcoin spot ETF traded in the US experienced a total net outflow of $671.8 million. This marks the largest outflow since the launch of the Bitcoin spot ETF.

Fidelity FBTC recorded the largest net outflow of $208.55 million, followed by Grayscale Mini BTC with $188.6 million, ARK Invest ARKB with $108.53 million, and Grayscale GBTC with $87.86 million.

As of 12:40 PM (KST), Bitcoin is trading at approximately $97,100 on the Binance Tether (USDT) market, down about 4% from the previous day.

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