✉news BusinessCrypto first seen 5 h ago, last 5 h ago, peak #29
Fidelity Bitcoin ETF sees $125.6 million outflows at September close
Original: Fidelity Bitcoin ETF clients pull $125.58 million as volatile September closes
Investors withdrew $125.58 million from Fidelity's spot Bitcoin exchange-traded fund as September ended, closing out a month marked by sharp price swings in the crypto market. The outflows add to a broader pattern of wavering institutional demand for Bitcoin funds during periods of volatility, and market watchers are looking to see whether October brings renewed inflows.
Why now: The large outflow from a major asset manager's Bitcoin fund during a volatile month signals shifting investor sentiment in crypto markets.
Evidence
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