Bitcoin ETF in America recorded a net withdrawal of 358.6 million USD, ending a 10-day capital inflow.

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The Bitcoin spot ETF funds in America recorded net outflows of 358.6 million USD on Thursday, ending a 10-day streak of inflows with a total cash flow of 4.26 billion USD.

According to data from SoSoValue, BlackRock's IBIT is the only ETF that recorded an inflow of 125 million USD. Meanwhile:

  • Fidelity's FBTC leads in net withdrawals with 166.32 million USD,
  • Grayscale's GBTC saw a withdrawal of 107.53 million USD,
  • ARKB of Ark and 21Shares lost 89.22 million USD,
  • BITB of Bitwise decreased by 70.85 million USD.
  • The funds of VanEck, Valkyrie, Invesco, and Franklin Templeton also reported outflows.

The capital withdrawal on Thursday was the highest in a day since March 11, with a total trading volume of 5.39 billion USD, a significant increase compared to the 3.5 billion USD from the previous day.

As of Wednesday, the total net inflow into 12 Bitcoin spot ETFs is 45.34 billion USD, before decreasing to 44.99 billion USD on Thursday.

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