Despite the participation of major investment asset management firms such as BlackRock Inc (NYSE: BLK) and Fidelity Investments, no ETF was spared from the mass withdrawal of funds. Fidelity’s FBTC notably saw the largest outflow, surpassing $191 million, followed closely by Grayscale’s GBTC, which has been experiencing consistent outflows since the inception of spot Bitcoin ETF trading in the US.·
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