US Bitcoin Spot ETFs Saw $1.257 Billion Net Outflow Last Week, and More
According to SoSoValue, US Bitcoin spot ETFs experienced a net outflow of $1.257 billion last week (May 18-22, ET). BlackRock's IBIT saw the largest outflow of $1.008 billion, followed by Fidelity's FBTC with $112 million. Morgan Stanley's MSBT recorded a small net inflow of $1.117 million during the same period.
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