US spot Bitcoin ETFs recorded net outflows totaling $185.4 million on Friday, with BlackRock’s IBIT and Fidelity’s FBTC funds leading the declines, according to CoinTelegraph. BlackRock’s IBIT alone accounted for $143.5 million in outflows, while Fidelity’s FBTC saw $41.9 million withdrawn during the same session.
The combined outflows come amid a broader trend over the past two weeks, where some Bitcoin ETFs have experienced fluctuating investor interest. Currently, there are 11 US spot Bitcoin ETFs in the market, with assets under management totaling approximately $2.35 billion.
For Japanese investors, these movements in US Bitcoin ETFs highlight the ongoing volatility and investor caution in crypto-related assets, reinforcing the importance of closely monitoring global ETF flows as part of broader portfolio strategies.