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BlackRock’s IBIT logs first daily net outflows since May amid streak of spot bitcoin ETF outflows
U.S. spot bitcoin exchange-traded funds recorded $71.73 million in net outflows on Thursday, extending their outflow streak to three days. Grayscale’s GBTC continued its outflow streak with $22.68 million leaving the fund on Thursday, while Fidelity’s FBTC logged $31.11 million in net outflows. Bitwise’s BITB also saw $8.09 million exit the fund, and Valkyrie’s BRRR recorded outflows of $1.68 million.
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