January 12, 2025
US Bitcoin Spot ETF Sees 8.88 Million Net Outflow
 #CriptoNews

US Bitcoin Spot ETF Sees $148.88 Million Net Outflow #CriptoNews

Financial Insights That Matter

Image=Trader T XImage=Trader T X

The US Bitcoin spot ETF experienced a net outflow for two consecutive days.

According to data from Trader T on the 10th (local time), the Bitcoin spot ETF traded in the US recorded a net outflow of $148.88 million. This marks the second consecutive day following the 8th.

This net outflow is attributed to a large-scale outflow (-$183.10 million) from BlackRock IBIT. Excluding BlackRock and Bitwise BITB (-$1.55 million), all Bitcoin spot ETFs recorded net inflows.

Meanwhile, Bitcoin is trading at around $94,100 on the Binance Tether (USDT) market, up approximately 0.7% from the previous day.

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