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PiCK

US Spot-Bitcoin ETFs See $57.63 Million in Net Outflows

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Photo: SoSoValue
Photo: SoSoValue

US spot-Bitcoin exchange-traded funds posted net outflows for a third straight trading day.

The 13 spot-Bitcoin ETFs listed in the US recorded combined net outflows of $57.63 million on Aug. 14, according to final data from SoSoValue.

BlackRock’s IBIT led the declines, with $55.51 million exiting the fund in a single day. Fidelity’s FBTC posted net outflows of $6.84 million, while Hashdex’s DEFI saw $1.42 million in net outflows.

Bitwise’s BITB was the only fund to attract money, with net inflows of $6.14 million. Most of the other major ETFs, including Grayscale’s GBTC and BTC, Ark Invest’s ARKB, VanEck’s HODL and Morgan Stanley’s MSBT, recorded no flows.

#Crypto ETF

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