Spot Bitcoin ETFs break 12-day inflow streak amid ‘profit taking’
Spot Bitcoin ETFs saw $131.35 million in outflows on Monday, ending a 12-day streak that pulled in $6.6 billion.
Spot Bitcoin exchange-traded funds (ETFs) registered a net outflow of $131.35 million on Monday, marking the end of a bullish 12-day streak that attracted $6.6 billion in inflows.
The largest outflow came from ARK Invest’s ARKB, which shed $77.46 million in a single day. Grayscale’s GBTC followed with $36.75 million in outflows, while Fidelity’s FBTC lost $12.75 million, according to data from SoSoValue.
Bitwise’s BITB and VanEck’s HODL also posted moderate outflows of $1.91 million and $2.48 million, respectively. BlackRock’s IBIT, the largest fund by net assets ($86.16 billion), saw no inflows or outflows.