US spot Bitcoin ETFs see $896M net outflow last week, fourth largest on record

U.S. spot Bitcoin ETFs recorded a net outflow of $896 million last week from Sept. 22 to Sept. 28, marking the fourth-largest weekly outflow on record, according to Trader T. Fidelity's FETH led the outflows, shedding $738 million. Meanwhile, BlackRock's IBIT saw a net inflow of $175 million.