🚨U.S. spot Bitcoin ETFs recorded **$461 million in net outflows** this week, with **zero inflows** across all funds . This marks a sharp reversal from nearly $1 billion in inflows the prior week.$LSK
📉 What Drove the Outflows?
· Macro Pressure: Bitcoin faced fresh pressure after Core CPI data hit a five-year low, with the Fed's policy decision looming .
· Concentrated Selling: Outflows were not broad-based. ARK's ARKB led with roughly **$78M** in outflows, followed by Grayscale's **GBTC** ($27.2M) and BlackRock's IBIT ($19.5M) .
· Lone Winner: Morgan Stanley's MSBT was the only fund to see net inflows, pulling in $4.5M over the period .
The outflows represent about 0.17% of the ~$99.3 billion in total assets held by U.S. spot Bitcoin ETFs
📉 What Drove the Outflows?
· Macro Pressure: Bitcoin faced fresh pressure after Core CPI data hit a five-year low, with the Fed's policy decision looming .
· Concentrated Selling: Outflows were not broad-based. ARK's ARKB led with roughly **$78M** in outflows, followed by Grayscale's **GBTC** ($27.2M) and BlackRock's IBIT ($19.5M) .
· Lone Winner: Morgan Stanley's MSBT was the only fund to see net inflows, pulling in $4.5M over the period .
The outflows represent about 0.17% of the ~$99.3 billion in total assets held by U.S. spot Bitcoin ETFs
