U.S. Spot Bitcoin ETFs Struggle with $338.4 Million in Net Outflows Amid Ongoing Pressure

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U.S. spot Bitcoin exchange-traded funds (ETFs) experienced substantial net outflows on Tuesday, amounting to $338.4 million. This marks the fourth consecutive day of outflows, continuing a trend that has seen a total of $1.52 billion withdrawn from these funds over the past four days.

This downturn follows a period of significant inflows, where spot Bitcoin ETFs saw more than $6.7 billion in new investments during a 15-day period leading up to December 18.

On Tuesday, the combined trading volume of 12 spot Bitcoin ETFs reached $2.16 billion. Since their inception, these funds have accumulated a total of approximately $35.5 billion in net inflows.

Among the funds, BlackRock’s IBIT experienced the largest outflow, with roughly $188.7 million exiting the fund. Fidelity’s FBTC followed with $83 million in withdrawals. Ark and 21Shares’ ARKB also faced net outflows, totaling $75 million. In contrast, Bitwise’s BITB was the only fund to see inflows, gaining $8.5 million on Tuesday.

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