Spot Bitcoin ETFs in the US are bleeding as investors pull their funds due to BTC’s lack of price action. BlackRock iShares Bitcoin Trust (IBIT) recorded its biggest daily outflow since its inception. 🚀

IBIT withdrew $332.6 million on January 2. Grayscale’s GBTC saw an outflow of $23.10 million, while funds like Fidelity and Ark Invest/21Shares saw positive flows. Despite the challenges, IBIT remains the largest spot Bitcoin ETF. 🌐