Bitcoin ETFs See $226.21 Million Outflows Led by Fidelity’s FBTC

U.S.-listed bitcoin (BTC) exchange-traded funds (ETFs) posted over $226.21 million in net outflows on Thursday for a third day of outflows this week and reminiscent of the stream of withdrawals that occurred at the end of April.

Fidelity’s FBTC recorded the highest outflow, with $106 million withdrawn, preliminary data from SoSoValue shows. Grayscale’s GBTC recorded $62 million in outflows, and Ark Invest’s ARKB saw $53 million taken out.