News Explorer — U.S. Spot Bitcoin ETFs Post Single-Day Outflow of $630.4M

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May 14, 10:56 am

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U.S. Spot Bitcoin ETFs Post Single-Day Outflow of $630.4M

On Wednesday, U.S. spot Bitcoin ETFs experienced a significant outflow of $630.4 million, the largest in over three months, due to inflation shocks prompting institutional retreat from risk assets. This marked a reversal from a five-week inflow streak, with BlackRock's IBIT leading in redemptions.

On Wednesday, U.S. spot Bitcoin ETFs experienced a significant outflow of $630.4 million, the largest in over three months, due to inflation shocks prompting institutional retreat from risk assets. This marked a reversal from a five-week inflow streak, with BlackRock's IBIT leading in redemptions.

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