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Bitcoin spot ETFs ended three consecutive weeks of net inflows, with net outflows exceeding $680 million last week.
Bitcoin spot ETFs recorded approximately $681.1 million in net outflows last week, ending three consecutive weeks of net inflows. Among them, Fidelity's Bitcoin ETF saw the largest outflow at $380.36 million, followed by ARK 21Shares Bitcoin ETF (ARKB) with $207.21 million in outflows. BlackRock's Bitcoin ETF, however, recorded a small net inflow of $1.02 million. Analysts believe this indicates investors are becoming more cautious about their Bitcoin exposure after the recent market correction.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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