Bitcoin ETFs See $358.6 Million in Net Outflows

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US spot Bitcoin ETFs recorded $358.6 million in net outflows on Thursday, snapping a 10-day inflow streak that had brought $4.26 billion into the funds.

BlackRock’s IBIT stood alone with $125 million in positive flows, while Fidelity’s FBTC led redemptions at $166.32 million.

Grayscale’s GBTC saw $107.53 million exit, with Ark/21Shares’ ARKB and Bitwise’s BITB losing $89.22 million and $70.85 million respectively.

The reversal trimmed cumulative net inflows from $45.34 billion to $44.99 billion in a single session.