Fidelity’s FBTC sheds $152.73 million as spot bitcoin ETFs swing to outflows

U.S. spot bitcoin ETFs swung to a daily net outflow of $261.46 million, led by $152.73 million leaving Fidelity’s FBTC. The U.S. spot bitcoin ETF market returned to net outflows after one day of net inflows. According to SoSoValue, the funds recorded a combined net outflow of $261.46 million on Oct. 14. The reversal followed a $175.62 million net inflow on Oct. 13. Cumulative net inflows stood at $56.96 billion. Among the 12 ETFs, Bitwise’s BITB was the only fund to attract capital, with a net inflow of $2.22 million.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.