U.S. spot Bitcoin ETFs experienced a significant outflow of $91.7 million, with Ark’s ARKB Bitcoin ETF leading the pack, shedding $60.2 million. Grayscale’s GBTC also contributed to the outflows, recording $27.3 million in withdrawals, according to <a href="https://sosovalue.xyz/assets/etf/us-btc-spot" target="_blank" rel="nofollow noopener">data</a> from Sosovalue.
<h3>ARKB Dominates Bitcoin ETF Outflows</h3>
ARK’s ARKB Bitcoin ETF saw the largest outflows, accounting for the majority of the $91.7 million loss in spot Bitcoin ETFs. This marks a notable shift as investors continue to pull funds amid market uncertainty.

BlackRock’s IBIT, the largest <a href="https://www.cryptoknowmics.com/news/spot-bitcoin-etfs-face-consecutive-outflows-amid-market-uncertainty/" target="_blank" rel="noopener">spot Bitcoin ETF</a>, experienced its first outflow since September 9, indicating a broader trend of diminishing investor confidence. Trading volume across these ETFs also plummeted from $2.53 billion on Tuesday to $1.66 billion by Wednesday.
<h2>Ether ETFs See Partial Recovery</h2>
While Bitcoin ETFs faced heavy outflows, Ether ETFs managed to show signs of recovery. Inflows into Ether ETFs reached $14.45 million, suggesting a shift in investor focus from Bitcoin to other digital assets.

The recent volatility in cryptocurrency markets continues to impact institutional investment, with Bitcoin ETFs suffering notable losses. However, Ether's positive inflows indicate some optimism for other crypto assets amid the broader downturn.

<em><strong>Disclaimer: </strong></em>The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Bitcoin ETF Outflows Surge to $91 Million Amid Market Volatility

U.S. spot Bitcoin ETFs see $91.7 million in outflows, led by ARK’s ARKB at $60.2 million. Ether ETFs show signs of recovery with $14.45 million in inflows.

Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more
than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

Bitcoin ETF Outflows Surge to $91 Million Amid Market Volatility

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