📉 The week ended with even larger outflows from Bitcoin (BTC) exchange-traded funds. The total volume of outflows exceeded $544 million. The three largest funds: Fidelity Wise Origin Bitcoin Fund, Grayscale Bitcoin Trust and ARK 21Shares Bitcoin ETF, made a significant contribution to this outflow. 📊

But not all funds follow this trend. The Franklin Bitcoin ETF countered this by raising $1.9 million on the same day.

This outflow trend is notable, especially considering that Bitcoin exchange-traded funds experienced $580.6 million in outflows last week.

💬 What do you think about this trend? Share your thoughts in the comments!