Spot BTC ETFs in the US Record $148.5 Million Net Outflows on Tuesday
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Spot BTC exchange-traded funds (ETFs) in the United States continued to experience negative flows on Tuesday, logging net outflows of $148.5 million. According to data from SoSoValue, Fidelity's FBTC was the primary contributor to these withdrawals.
This significant outflow highlights ongoing investor sentiment and potential market reactions surrounding Bitcoin-related investment vehicles. The outflows from alternatives like spot ETFs might indicate shifting trends or heightened market uncertainties.
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