US Bitcoin spot ETFs see $648.6M net outflow

U.S. Bitcoin spot ETFs saw a net outflow of approximately $648.6 million (976.1 billion won) on May 18, according to data compiled by Trader T. This marks the second consecutive trading day of net outflows. - BlackRock IBIT -$448.4 million - Fidelity FBTC -$63.4 million - Ark Invest ARKB -$109.6 million