The 11 spot bitcoin exchange-traded funds in the U.S. saw total daily net outflows of $20.45 million on Wednesday. Only two funds saw net flows on Wednesday, with the rest recording zero flows.
The 11 bitcoin funds had around $800 million in trading volume on Wednesday, lower than Tuesday’s volume of $995 million. The recent trading volume of the spot bitcoin ETFs was lower than in March when they saw a daily volume of around eight to 10 billion dollars. The ETFs have accumulated a total net inflow of $14.62 billion since their January inception.
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