On January 9, The Block reported based on SoSoValue data that Fidelity's Bitcoin and Ethereum spot ETFs experienced the largest single-day net outflow of funds this Wednesday. Specifically, the total net outflow for the Bitcoin spot ETF reached $582 million, with Fidelity's FBTC product seeing a net outflow of $259 million. Meanwhile, the total net outflow for the Ethereum spot ETF was $159 million, with Fidelity's FETH product accounting for $148 million of that.

Additionally, other funds such as BlackRock's IBIT, Ark's fund, and 21Shares' ARKB also experienced net outflows exceeding $124 million and $148 million, respectively. Despite this historic outflow of funds, Fidelity's ETFs still maintain the second-largest cumulative net inflow amount among Bitcoin and Ethereum spot funds.

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