Spot Bitcoin ETFs See Negative Flows, $243 Million Outflows Reported
Spot Bitcoin ETFs have shifted to negative flows, with a reported $243 million in outflows. According to reports, BlackRock's IBIT was the only Bitcoin fund to post net inflows on Tuesday. The fund has reportedly drawn in $888 million so far this year. The development marks a shift in momentum for spot Bitcoin ETFs, which have generally seen positive flows since their launch. Market participants will likely monitor these trends to assess investor sentiment and the overall impact on the Bitcoin market.
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