🚨 MASSIVE SHOCKWAVE: U.S. Spot $BTC ETFs Bleed $358M in a Day – 10-Day Inflow Streak SHATTERED! 😱
Wall Street just hit the brakes on Bitcoin exposure. After ten straight days of bullish momentum, U.S. Spot Bitcoin ETFs recorded a jaw-dropping $358.6 million in net outflows on Thursday, marking the largest single-day exit since March 11.
📉 The Breakdown:
Fidelity’s FBTC: 🚪 $166.32M outflow – leading the pack of exits
Grayscale’s GBTC: 💸 $107.53M drained
Ark/21Shares (ARKB): 🔻 $89.22M out
Bitwise BITB: 🩸 $70.85M gone
Others: VanEck, Valkyrie, Invesco, and Franklin also saw money leave their doors
✅ Only One Survivor:
BlackRock’s IBIT defied the trend with $125M in net inflows, standing as the sole ETF to attract new capital.
🔍 The Bigger Picture:
Prior to the outflows, ETFs had racked up $4.26B in net inflows over 10 days
Total net inflows hit $45.34B on Wednesday
After Thursday’s drain, that figure slipped to $44.99B
