Spot Bitcoin ETFs recorded their highest outflow ever.

A noteworthy point about fund outflows was that there were more outflows in Fidelity's #ETF than in GBTC. While there was an outflow of 191 million dollars from #FBTC yesterday, the outflow from #GBTC was 167.2 million dollars. After these ETFs, Ark Invest's ARKB made the 3rd largest exit with $98.1 million. Then, BlackRock's ETF came in with $36.9 million, which showed that IBIT recorded an outflow on a daily basis for the first time. Generally speaking, it was seen that all exchange-traded funds closed the day in minus, except Hashdex's ETF DEFI, which remained inactive yesterday.

US spot Bitcoin ETFs decreased to $11.2 billion in total after yesterday's outflows. While the funds saw a net outflow of 343.5 million dollars throughout April, the 3-month inflow series ended. On the other hand, GBTC, which has seen a loss of funds since its launch date, saw an outflow of $ 2.5 billion last month.

While the US spot #Bitcoin ETFs, which started May with a loss of funds, ended their support for the Bitcoin price, the largest cryptocurrency lost nearly 15% in value in April. Bitcoin, which started May with a decline, has lost 6% in value since yesterday and fell to $ 56,500.
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