The Bitcoin spot ETF faces significant capital outflows, with this trend continuing for seven consecutive trading days. From October 21st to the XNUMXth, the outflow of funds from the US Bitcoin exchange-traded fund totaled $54.41 billion. However, according to Farside Investors data, this trend persists, with a net outflow of $17.45 billion for these products as of XNUMXrd. Grayscale’s ETF GBTC reported the largest single-day net outflow, reaching $904,000, followed by BlackRock’s IBIT at $352,000.
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More than 50% of investment managers are considering cryptocurrency investments. Additionally, according to Farside’s data, the spot BTC ETF experienced the largest capital outflows in the two weeks following its approval in January. During this period, investors withdrew a net total of $130 million from the fund, according to Yahoo Finance.
