$536 Million Exits Spot Bitcoin ETFs—Largest Daily Outflow in Months
Bitcoin U.S. spot Bitcoin exchange-traded funds (ETFs) recorded heavy outflows on Thursday, with investors pulling out $536.4 million—the largest single-day withdrawal since August 1, according to data from SoSoValue. Out of the 12 listed Bitcoin ETFs, eight funds experienced capital outflows. The biggest outflow came from Ark Invest and 21Shares’ ARKB, which lost $275.15 million,…