Bitcoin Spot ETFs See $170 Million Outflow After Two-Day Influx

On April 16, investors withdrew $169.9 million from spot Bitcoin ETFs, ending a two-day streak of inflows.

Total inflows decreased to $35.27 billion. AUM stood at $93.65 billion.

The negative trend on Wednesday was driven by outflows from Fidelity’s FBTC ($113.8 million) and 21Shares’ ARKB ($113.3 million).

This was partially offset by inflows into other funds, with BlackRock’s IBIT recording the largest at $30.6 million.

On April 16, outflows from Ethereum-based spot ETFs amounted to just over $12 million. The assets of these structures continued to decline for the seventh consecutive day.

BlackRock listed its Bitcoin ETF on the Xetra and Euronext Paris exchanges, as well as in Amsterdam.