Bitcoin Spot ETF Sees $93.2 Million Net Outflow, Breaking 10-Day Inflow Streak

According to data released by Farside Investors on March 29th, a significant development occurred in the Bitcoin market as the US Bitcoin spot ETF experienced a net outflow of $93.2 million. This marked the conclusion of a notable ten-day period characterized by consistent net inflows, highlighting a shift in investor sentiment. The Fidelity FBTC was notably impacted, accounting for the entire outflow, while other spot ETFs maintained a net flow of zero. This trend underscores the volatility within the cryptocurrency sector and reflects the cautious approach that investors are currently adopting amid fluctuating market conditions.