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BlackRock's Bitcoin ETF Posts First Day of Outflows, Leading Record $563M Exit From U.S. Spot Products

Fidelity's FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls.

Net inflows into U.S.-based spot BTC ETFs. (CoinGlass)
Net inflows into U.S.-based spot BTC ETFs. (CoinGlass)