Bitcoin Spot ETFs Record $390 Million Net Outflow Last Week

Bitcoin spot ETFs recorded a net outflow of $390 million during the trading week from August 10 to August 14, U.S. Eastern Time, according to SoSoValue data. According to PANews, Fidelity's FBTC saw the largest weekly outflow at $153 million, bringing its cumulative net inflow to $9.88 billion.Grayscale's GBTC followed with a weekly net outflow of $88.3 million. Its cumulative net outflow now stands at $27.55 billion.