This week saw a historic event in the Bitcoin spot ETF market as net outflows amounted to an astonishing $159.04 million in just one day.
This is the largest one-day total net outflow in the history of these financial instruments. Leading the decline was Grayscale Bitcoin Trust (GBTC) from Grayscale Investments, which recorded a one-day net outflow of $429.28 million.
However, it is worth noting that this negative trend was not uniform across all Bitcoin spot ETFs. With the exception of GBTC, other Bitcoin ETFs managed to attract net inflows totaling $270 million. The leader in this area is Fidelity's FBTC, which has raised an impressive $125.50 million.
It was followed by BlackRock's IBIT, raising $66.16 million in new investment. Positive net inflows were also seen in other Bitcoin spot ETFs, highlighting the diversity of investor sentiment in the market.
