US Bitcoin Spot ETF Sees $287 Million Net Outflow as BlackRock Leads with $79.4 Million Inflow

According to recent data from Farside Investors, the net outflow of the US Bitcoin spot ETF reached $287 million on December 28th. This substantial outflow highlights emerging trends in institutional investor behavior within the cryptocurrency market. Notably, BlackRock’s Bitcoin ETF, IBIT, managed to attract inflows of $79.4 million, indicating strong interest despite overall market shifts. In contrast, Fidelity’s FBTC experienced a significant outflow of $208 million, alongside Bitwise BITB which saw a decline of $36 million. Other notable movements include ARK ARKB with an outflow of $112 million and Invesco BTCO, down by $14.2 million. On a more positive note, Grayscale’s GBTC reported modest inflows of $3.7 million, suggesting mixed sentiments across different asset managers.