Bitcoin Spot ETFs Experience Significant Outflows Amid Market Correction
The post Bitcoin Spot ETFs Experience Significant Outflows Amid Market Correction appeared first on Coinpedia Fintech News
On July 3, 2024, Bitcoin spot ETFs saw a total net outflow of $20.4495 million. Grayscale ETF (GBTC) led the decline with a substantial single-day outflow of $26.9947 million. Conversely, Fidelity ETF (FBTC) experienced a single-day inflow of $6.5451 million. Despite the outflows, the total net asset value of Bitcoin spot ETFs stands at $51.872 billion.
