The U.S. Bitcoin spot ETF saw a net outflow of approximately US$78 million yesterday, halting its 12-day streak of net inflows.

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According to preliminary statistics from Farside Investors, the total net outflow of U.S. Bitcoin spot exchange-traded funds (ETF) yesterday (23rd) was approximately US$78 million, halting the trend of net inflows for 12 consecutive trading days.

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U.S. Bitcoin Spot ETF daily fund flows (Source: SoSo Value )

The Bitcoin spot ETF with the largest net outflow yesterday was BITB issued by Bitwise, with an amount of US$70.3 million, followed by ARKB launched by Ark Invest in partnership with 21Shares, with an amount of US$52.3 million. GBTC issued by Grayscale saw a net outflow of US$27.3 million.

IBIT issued by BlackRock was the only Bitcoin spot ETF to show net inflows yesterday, with an amount of US$71.9 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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