According to data from X account traderT(@thepfund), and ParaFi investor, a total of $226 million was withdrawn from the US Bitcoin Spot ETF on the previous day, marking the third consecutive trading session with net outflows. BlackRock's IBIT saw a net inflow of $31.78 million, while Fidelity's FBTC, Grayscale's GBTC, Bitwise's BITB, Invesco's BTCO, Ark Invest's ARKB, Grayscale's Mini BTC Trust, and VanEck's HODL saw net outflows of $146 million, $38.4 million, $23.7 million, $25.6 million, $15.7 million, $6.2 million, and $2.6 million, respectively. This ongoing outflow suggests that investors are withdrawing their funds from Bitcoin Spot ETFs, possibly due to concerns about market volatility or a shift in investment strategies.

#BTC #ETF