On Wednesday, Bitcoin slipped further, trading at $61,400 at the time of writing. This drop coincided with a net outflow from U.S. Bitcoin ETFs, with the 11 funds collectively seeing $91.76 million leave, as per SoSoValue data.
Ark Invest’s ARKB fund faced the largest outflow, losing $60.28 million. Grayscale’s GBTC also saw significant outflows, with $27.31 million withdrawn, followed by BlackRock’s IBIT and Bitwise’s BITB, which lost $13.74 million and $11.51 million, respectively.
The other six funds had no notable activity for the day, recording neither inflows nor outflows. These include VanEck’s HODL, Invesco’s BTCO, Franklin & Templeton’s EZBC, Valkyrie’s BRRR, Grayscale’s BTC, and WisdomTree’s BTCQ.
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