Bitcoin ETFs post biggest outflow since June

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US spot Bitcoin ETFs recorded $450.4 million in net outflows on Tuesday, marking their largest daily withdrawal since late June.

The 13 funds had attracted $159.9 million on Monday before flows reversed, according to Farside data. The latest outflow was the largest since 24 June, when Bitcoin ETFs lost $469 million amid a broader sell-off in technology stocks.

Fidelity’s FBTC recorded the biggest withdrawal at $214.8 million. BlackRock’s iShares Bitcoin Trust followed with $161.7 million, while Grayscale’s GBTC, ARKB and BITB saw outflows of $44.1 million, $17.4 million and $12.4 million respectively.

Bitcoin was trading around $75,700, down 2.5% over 24 hours at the time of writing.