Bitcoin Faces $251 Million Net Outflow: Insights from Recent US Spot ETF Data

COINOTAG News reported on February 13th that a significant **net outflow** of capital from US Bitcoin spot **ETFs** has emerged, totaling **$251 million**. This considerable movement has raised eyebrows among **investors** and industry analysts alike. The data from **Farside Investors** highlights specific contributors to this outflow, with **Fidelity’s FBTC** leading the pack at **$102 million**. Notably, **BlackRock’s IBIT** witnessed a net reduction of **$22.04 million**, while **ARKB** faced a decline of **$97 million**. Additional ETFs such as **BITB** and **BRRR** also recorded notable outflows of **$25.90 million** and **$3.70 million**, respectively. Conversely, **Grayscale’s GBTC** faced a slight **net outflow** of **$6.90 million**, although it reported a **net inflow** of **$16.30 million** for its **Bitcoin Trust**. These dynamics underscore the fluctuating **investor sentiment** in the crypto landscape.

Source: https://en.coinotag.com/breakingnews/bitcoin-faces-251-million-net-outflow-insights-from-recent-us-spot-etf-data/