🔹Yesterday's Bitcoin spot ETFs showed a bearish trend, closing with a total loss of $218 million. Here are the details of losses covered by different Bitcoin spot ETFs:

▪️Grayscale GBTC: Closed $139 million in minus.

▪️Fidelity FBTC: Finished the day with a loss of 22.6 million dollars.

▪️ARK Invest & 21 Shares: Reported a loss of $31.3 million.

▪️Valkyrie ETF BRRR: Closed the day with a loss of $ 20 million.

▪️Blackrock IBIT: This ETF closed at +-$0, with the price remaining balanced.

🔹These losses are based on a variety of factors such as $BTC price fluctuations, market conditions, or general investor sentiment. Additionally, rumors that applications for $ETH #ETF will be rejected may also be among the reasons for the decline of Bitcoin ETFs.