Investor exodus from Bitcoin ETFs as BlackRock and Fidelity see significant outflows

Oluwapelumi Adejumo

Investor interest in spot Bitcoin exchange-traded funds (ETFs) appears to be waning, with outflows totaling $218 million in the past day. According to data from Farside Investors, BlackRock’s IBIT Bitcoin ETF experienced its second consecutive day of zero flows, while Fidelity’s FBTC saw its first daily net outflow, totaling $23 million. Other US Bitcoin funds […]

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Investor exodus from Bitcoin ETFs as BlackRock and Fidelity see significant outflows