On January 9, The Block cited data from SoSoValue stating that Fidelity's spot Bitcoin and Ethereum ETFs experienced the largest single-day net outflow on Wednesday.

For the spot Bitcoin ETF, the total net outflow amount reached $582 million, with Fidelity's FBTC seeing an outflow of $259 million.

Meanwhile, the total net outflow for the Ethereum spot ETF was $159 million, of which Fidelity's FETH accounted for $148 million.

In addition to Fidelity, other funds like BlackRock's IBIT, Ark, and 21Shares' ARKB also experienced net outflows of over $124 million and $148 million, respectively.

Although this outflow is considered historic in scale, Fidelity's ETFs still rank second in cumulative net inflows among spot Bitcoin and Ethereum funds.

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