US Spot Bitcoin And Ethereum ETF Daily Outflows Top $470 Million
US spot Bitcoin and Ethereum ETF (exchange-traded fund) outflows collectively topped $470 million yesterday. Data from Farside Investors shows that the BTC funds recorded the largest outflows, with more than $415.1 million leaving the investment products’ reserves collectively on Dec. 30. Meanwhile, ETH ETF reserves fell by $55.5 million. Fidelity Leads In Bitcoin And Ethereum ETF Outflows Both Fidelity’s BTC and ETH ETFs registered the biggest outflows. Yesterday, Fidelity’s FBTC posted $154.6 million outflows. This was after $208.6 million left the fund the day before. The next biggest outflows were posted by Grayscale’s GBTC with $134.5 million leaving the fund. Similarly, BlackRock’s IBIT, Bitwise’s BITB, Invesco’s ARKB and Grayscale’s BTC all experienced outflows. The remaining US BTC ETFs recorded no new glows. Good morning, Yesterday's Bitcoin ETF flows were negative for $415.1 milion. Fidelity had $154.6 million of outfl...