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News Explorer — Bitcoin ETFs See $226 Million in Withdrawals—Almost Half of It From Fidelity's FBTC

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Jun 14, 8:14 am
Coindesk

Bitcoin ETFs See $226 Million in Withdrawals—Almost Half of It From Fidelity's FBTC

U.S.-listed bitcoin exchange-traded funds (ETFs) experienced net outflows of over $226 million on Thursday, marking the third consecutive day of outflows this week. Fidelity's FBTC saw the highest outflow at $106 million, followed by Grayscale's GBTC with $62 million and Ark Invest's ARKB with $53 million. Only BlackRock's IBIT recorded a net inflow of $18 million. This activity comes amidst a volatile week for bitcoin and the broader crypto market, influenced by the U.S. inflation report and Federal Reserve meeting.

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