ImportantBitcoin Spot ETFs Recorded Net Outflows of $229 Million Last Week, with BlackRock's IBIT Leading at $165 Million in Net Outflows

Based on data from SoSoValue, Bitcoin spot ETFs posted a total net outflow of $229 million during last week's trading sessions (October 12 to October 16, Eastern Time). The Bitcoin spot ETF with the largest weekly net outflow was BlackRock's IBIT, which recorded a weekly net outflow of $165 million, bringing IBIT's total historical net inflow to $65.57 billion. The second-largest weekly net outflow came from Fidelity's FBTC, which saw a weekly net outflow of $60.2797 million, with FBTC's total historical net inflow currently standing at $10.45 billion.

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