PANews, October 17: According to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $82.39 million yesterday (Eastern Time, October 16). The Bitcoin spot ETF with the largest single-day net outflow was BlackRock’s IBIT, which saw a net outflow of $71.78 million; IBIT’s cumulative net inflow to date stands at $65.568 billion. Second was Fidelity’s FBTC, with a single-day net outflow of $10.609 million; FBTC’s cumulative net inflow to date is $10.455 billion.
Bitcoin spot ETFs recorded a net outflow of $82.39 million on October 16, led by BlackRock's IBIT.
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Summary
Bitcoin news: On-chain data shows Bitcoin spot ETFs experienced a net outflow of $82,389,300 on October 16 (EDT), according to SoSoValue. BlackRock’s IBIT led the outflows at $71,780,300, while Fidelity’s FBTC saw a outflow of $10,609,000.
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