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2024-06-19 18:32:45

Bitcoin News on Nostr: US Bitcoin ETFs See Fourth Day of Outflows, Totaling $152M. Another day of trading ...

US Bitcoin ETFs See Fourth Day of Outflows, Totaling $152M. Another day of trading brought losses for spot bitcoin ETFs, with $152.42 million withdrawn on Tuesday according to data collected by sosovalue.xyz. Fidelity’s FBTC faced the largest outflow, shedding $83 million. The Fidelity Wise Origin Bitcoin fund (FBTC) now holds 170,151.83 BTC, valued at $11 billion in assets under management (AUM).Grayscale’s Bitcoin Trust (GBTC) followed with a $62 million reduction. GBTC’s AUM stands at around 280,321.81 BTC, worth $18.22 billion as of Wednesday. Additionally, Bitwise’s BITB saw a $7 million outflow during Tuesday’s sessions. These three funds were the only ones to record losses, while the others experienced neutral trading sessions with no inflows or outflows.
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