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Bitcoin ETFs See Approximately $614M in Net Outflows in One Day

Bitcoin ETFs See Approximately $614M in Net Outflows in One Day

Photo: Coincu

Spot Bitcoin ETFs posted approximately $614 million in aggregate net outflows in a single trading day, a reading that ranks among the larger single-session redemption events recorded since U.S. spot Bitcoin funds began trading, as net-flow data tracked across the fund complex showed more capital exiting than entering over the measured period. Net outflows, in ETF mechanics, occur when the total value of shares redeemed by authorized participants exceeds the total value of new share creation orders processed on the same day.

Source: Coincu

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