💰 BTC Spot ETFs Turn to Net Outflows in Just Four Trading Days - February 11 (local time): Total net outflow of $275.81 million (approximately KRW 397.5 billion) - The trend that continued for the past four trading days has now turned to net outflows again - Major asset managers are seeing a simultaneous outflow of funds 🪙 Fund Flow by ETF - BlackRock IBIT: -$72.92 million - Fidelity Investments FBTC: -$92.6 million 🔻 (Max) - Bitwise Asset Management BITB: -$21.98 million - ARK Invest ARKB: -$70.51 million - VanEck HODL: -$6.67 million - WisdomTree BTCW: +$6.78 million (only net inflow) - Grayscale Investments GBTC: -$17.91 million Institutional funds are showing a significant increase across the board. This is a trend that's deviating. Note the increased selling pressure centered around Fidelity, BlackRock, and ARK! Ultimately, whether it's Bitcoin or Ether, institutional liquidity inflows from ETFs are likely to have a significant impact on prices in the short term.
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