A recent report by Farside Investors, as cited by BlockBeats news, reveals a substantial net outflow of $287 million from US Bitcoin spot ETFs on December 28. This significant withdrawal indicates a notable shift in investor sentiment. The outflow was distributed across several major ETFs, with some experiencing notable losses.
ETF Outflows by Provider
* BlackRock’s IBIT saw an inflow of $79.4 million, bucking the overall trend. * Fidelity’s FBTC experienced the largest outflow, with $208 million withdrawn. * Bitwise’s BITB lost $36 million. * ARK’s ARKB saw a significant outflow of $112 million. * Invesco’s BTCO had a relatively smaller outflow of $14.2 million. * Grayscale’s GBTC experienced a modest inflow of $3.7 million.
These figures suggest a mixed response from investors, with some choosing to withdraw their investments while others continue to invest in specific ETFs.
Source: M.theblockbeats.info
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