U.S. spot Bitcoin exchange-traded funds recorded their second consecutive day of net outflows on Oct. 9, with $30.59 million exiting the funds.
According to data from SoSoValue, 12 spot Bitcoin ETFs extended their outflow streak to a second day, with net negative flows of $30.59 million. All outflows came from ARK 21Shares’ ARKB, which saw $44.47 million leave the fund, continuing its negative trend for the second consecutive day.
These outflows were partially offset by BlackRock’s IBIT, which reported inflows of $13.88 million on the same day, marking its second day of inflows. Over the last two days, IBIT has seen a total of $137.5 million enter the fund. Notably, IBIT, the largest ETF by net assets, has recorded net inflows of $21.71 million since its launch.
While flow data for Bitwise’s BITB was not updated at the time of writing, the remaining nine Bitcoin ETFs remained…
