Fidelity Withdraws $150M as U.S. Bitcoin ETFs See $263M Outflow
Fidelity’s FBTC lost $150.40 million on April 27 as U.S.-listed spot bitcoin ETFs posted a $263.18 million net outflow, ending nine straight days of inflows.
On April 27, U.S.-listed spot bitcoin ETFs recorded a net outflow of $263.18 million, ending a nine-day inflow streak. Fidelity’s FBTC accounted for a $150.40 million withdrawal.
Grayscale’s GBTC saw $46.63 million exit, Ark & 21Shares’ ARKB had $43.30 million in outflows, Vaneck’s HODL lost $14.11 million and Bitwise’s BITB recorded $8.75 million in redemptions. BlackRock’s IBIT, the largest fund in the category, reported no net flows for the day.
Total trading volume across bitcoin ETFs was $1.93 billion and the segment’s combined net assets closed at $101.23 billion.
U.S.-listed ether ETFs posted a $50.48 million net outflow. Fidelity’s FETH had $48.43 million in redemptions and BlackRock’s ETHA saw $13.81 million leave, while BlackRock’s ETHB attracted $11.76 million. Ether ETF trading volume was $523.64 million and net assets finished the session at $13.53 billion.
XRP-based ETFs reported no trading flows and held $1.06 billion in net assets. Solana ETFs also had no inflows or outflows and held $861.70 million in assets.
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