The 11 U.S. spot bitcoin exchange-traded funds recorded a total daily net outflow of $34.4 million on Thursday.
Spot bitcoin exchange-traded funds in the U.S. experienced a net outflow of $34.4 million on Thursday, indicating a slowdown compared to the previous day’s record outflows.
BlackRock and Fidelity’s bitcoin funds, which are ranked second and third in terms of total net assets, both recorded zero flows on Thursday. Bloomberg’s ETF analyst James Seyffart previously explained that a day of zero flows is normal in ETFs.
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