Bitcoin ETF outflows hit $426M as 2024 ends with a market shake-up

Spot Bitcoin exchange-traded funds (ETFs) are closing the year with significant outflows, highlighting a challenging end to December. On Dec. 30, Bitcoin ETFs recorded a combined outflow of $426.13 million. Fidelity’s FBTC led the withdrawals, losing $154.64 million in assets, while Grayscale’s GBTC followed with $134.5 million in outflows. BlackRock’s IBIT, which is widely hailed … Continue reading Bitcoin ETF outflows hit $426M as 2024 ends with a market shake-up