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US Bitcoin Spot ETFs Record Net Outflows for 4 Consecutive Trading Days

Source
Doohyun Hwang
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  • US Bitcoin spot ETFs reported net outflows for 4 consecutive trading days.
  • Multiple ETFs including Grayscale's GBTC and Bitwise's BITB experienced fund outflows.
  • Bitcoin recorded a 1.8% decline in the Binance Tether market.
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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.

US Bitcoin (BTC) spot ETFs have experienced net outflows for 4 consecutive trading days.

According to data from TraderT on the 21st (local time), Bitcoin spot ETFs traded in the US recorded total net outflows of $62.81 million.

While BlackRock's IBIT ($21.61 million) and VanEck's HODL ($4.71 million) saw net inflows, Grayscale's GBTC ($60.08 million), Bitwise's BITB (-$16.58 million), and Fidelity's FBTC ($12.47 million) all experienced fund outflows.

On this day, Bitcoin is trading at around $96,400 on the Binance Tether (USDT) market, down 1.8% compared to the previous day.

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