Fidelity’s Bitcoin ETF faces 7th consecutive outflow as Ethereum ETFs continue inflows

James Van Straten

Quick Take Bitcoin On Aug. 6, Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) experienced $148.6 million in outflows, marking the third consecutive trading day of such trends, though each outflow has progressively decreased. No inflows were reported. Fidelity’s FBTC led the outflows with $64.5 million, marking its seventh consecutive trading day of outflows. […]

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Fidelity’s Bitcoin ETF faces 7th consecutive outflow as Ethereum ETFs continue inflows