💰 Spot bitcoin ETFs record largest daily net outflows ever

Spot bitcoin exchange-traded funds in the U.S. recorded $563.7 million in total net outflows on Wednesday — the largest total net daily outflows since their debut — according to data from SosoValue. Fidelity’s FBTC experienced the largest net outflows among the ETFs, with over $191 million moving out of the fund. That exceeded the $167.3 million net outflow recorded by Grayscale’s GBTC, SosoValue data showed.

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