Bitcoin ETFs record $226 million outflow led by FBTC

US-listed Bitcoin (BTC) exchange-traded funds (ETFs) recorded net outflows of over $226 million yesterday, reminiscent of outflows seen in late April.

According to data from SoSoValue, Fidelity’s FBTC It recorded the highest output with 106 million dollars. Grayscale’s GBTC62 million dollars, Ark Invest ARKBsaw an outflow of 53 million dollars.

Only BlackRock IBIT It recorded a net inflow of $18 million. ETFs offered by Valkyrie, Franklin Templeton, Hashdex and WisdomTree remained stable.

Wednesday was the only day this week that US-listed titles recorded net inflows. The development took place on Wednesday in the US inflationreport and Federal Reservefocusing on the meeting, Bitcoinand it comes amid an overall volatile week for the broader crypto market.

The transactions increased the net price received from publicly traded funds to $564 million in three days. That’s about half of the $1.2 billion recorded in six days at the end of April.

US inflation came in lower than expected, briefly pushing Bitcoin prices from $68,000 to $70,000. But it later fell below $67,000 as traders tried to take profits.

This article was first published on CoinDesk Türkiye.