Investors Withdrew $54.2 Million From Bitcoin ETFs

- Investors withdrew $54.2 million from Bitcoin ETFs on Thursday, marking the third day in a row of net outflows, reaching $361.2 million over three days, Farside Investors reports.

- Ark’s ARKB ($58.0 million) and Fidelity’s FBTC ($37.2 million) led the outflows, while BlackRock’s IBIT saw an inflow of $36.0 million.

- Ether ETFs also saw a net outflow of $3.2 million, with Grayscale’s ETHE ($14.7 million) leading the outflows.

- Despite the outflows, 11 ETFs have attracted a combined $18.5 billion since their launches.

- Of the 525 ETFs launching in 2024, 13 of the top 25 are tied to Bitcoin or Ethereum.