Bitcoin ETFs suffered nearly $1.2B in weekly outflows, the third-largest since their launch. BlackRock’s IBIT saw over $1B withdrawn, followed by Grayscale’s GBTC and Fidelity’s FBTC.
Despite this, Friday reversed the trend with FBTC posting $108M in inflows. Analysts highlight Bitcoin’s resilience, noting recoveries from past deep drawdowns. Outflows coincided with broader market volatility and concerns over Fed policy and AI sector valuations.
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