Bitcoin Spot ETF Sees $1.578 Billion Net Outflow: Key Players and Impacts

According to Farside Investors data published on April 2nd by COINOTAG News, the US Bitcoin spot ETF experienced a significant net outflow of approximately $1.578 billion yesterday. Among the notable ETFs, Fidelity’s FBTC reported a substantial outflow of $85.4 million, while ARKB followed closely with a withdrawal of $87.4 million. Furthermore, Grayscale’s GBTC faced an outflow of $10.1 million, and BTCW recorded a decrease of $6.8 million. Despite these outflows, BITB noted a positive trend with a net inflow of $24.5 million, and EZBC also logged an inflow of $7.4 million. This mix of outflows and inflows highlights the ongoing volatility and investor sentiment within the cryptocurrency landscape.