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US spot bitcoin ETF net outflows reached $900 million this week

Data tracked by SoSoValue showed that the U.S. spot bitcoin ETF experienced its fifth consecutive day of outflows on Thursday, with outflows totaling more than $900 million this week. Grey Release GBTC and Fidelity FBTC dominated the outflows, while BlackRock IBIT was the only ETF to record a net inflow.