- BTC Spot ETF Witnesses Significant Outflows According to data from crypto spot ETF fund flow tracker X, the U.S. BTC spot ETF market experienced a net outflow of $379 million (557.6 billion won) last week. Fidelity's FBTC ETF saw the largest outflow, amounting to $183 million, while BlackRock's IBIT ETF recorded an outflow of $22.7 million. Conversely, Grayscale BTC and VanEck HODL ETFs recorded modest inflows of $990,000 and $100,000, respectively. Despite the recent outflows, BTC spot ETFs have recorded a cumulative net inflow of $16.8 billion (24.7 trillion won) since the fourth quarter of 2022. This indicates that institutional investors continue to allocate funds to BTC through spot ETFs, albeit with some fluctuations in weekly flows.