CoinWang news: Yesterday, large amounts of funds flowed out of the U.S. spot BTC ETF market, with net outflows reaching as much as $296 million. Among them, the biggest outflows were from IBIT, with a daily net outflow of $144 million. Next was ARKB, with net outflows of $84.4 million. Research-developed spot BTC ETF tracking strategies show that ETF fund inflows have a significant positive correlation with BTC price.