Bitcoin ETF Records $260 Million Outflows, Led by Fidelity and BlackRock

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U.S. spot Bitcoin ETFs recorded $261.4 million in net outflows on October 14, with $152.7 million withdrawn from Fidelity’s FBTC and $110.9 million from BlackRock’s IBIT. Bitwise’s BITB posted a $2.2 million inflow, partially offsetting those redemptions. Bitcoin fell 3% to around $81,000 after trading near $83,700. Since their January 2024 launch, U.S. spot Bitcoin ETFs have accumulated over $54 billion in net inflows and held approximately $100 billion to $107 billion in assets as of mid-October, making the latest outflow less than 1% of that asset base. Spot Ethereum ETFs also saw $130 million in net outflows on the same day.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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