TechFlow news, January 9 — According to The Block, Fidelity's spot Bitcoin and Ethereum ETFs experienced their largest single-day net outflows since launch on January 9. FBTC saw a net outflow of $258.7 million, while FETH recorded a net outflow of $147.7 million.
On that day, total net outflows from spot Bitcoin ETFs reached $582.9 million, and spot Ethereum ETFs saw $159.3 million in net outflows. BlackRock's IBIT suffered a net outflow of $124 million, marking the third-largest single-day outflow in the product’s history. Despite this, Fidelity's ETF products still maintain the second-largest cumulative net inflows among spot Bitcoin and Ethereum funds.
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