Fidelity's spot Bitcoin and Ethereum ETFs both set a record for the largest single-day net outflow.

PANews reported on January 9, citing data from SoSoValue, that Fidelity's (富达) spot Bitcoin and Ethereum ETFs recorded the largest single-day net outflow on Wednesday. The total net outflow for the spot Bitcoin ETF reached $582 million, with Fidelity's FBTC recording a net outflow of $259 million. Meanwhile, the total net outflow for the Ethereum spot ETF was $159 million, with Fidelity's FETH accounting for $148 million of that.

Other funds such as BlackRock's IBIT, Ark, and 21Shares' ARKB also recorded net outflows of over $124 million and $148 million, respectively. Despite the historic outflows, Fidelity's ETFs still maintain the second-largest cumulative net inflow among spot Bitcoin and Ethereum funds.