GBTC outflows overpower other spot bitcoin ETF inflows for third straight day

Spot bitcoin exchange-traded funds in the United States have experienced net outflows for the third consecutive day. Just over $58 million left the products yesterday, lowering the cumulative total net inflow to approximately $12.43 billion.

Most of the other spot bitcoin ETFs saw modest inflows ranging between $1.37 and $3.56 million, while the iShares Bitcoin Trust dominated inflows with $25.78 million being brought in.

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