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Bitcoin spot ETFs have been in net outflows throughout the past week.
Among the top 12 Bitcoin spot ETFs over the past week, 9 experienced net outflows, while 3 remained unchanged.
Specifically, the Bitcoin spot ETF-FBTC issued by Fidelity saw a net outflow of -17,273 over the past 7 days, a decline of 7.25%.
Continuous net outflows may indicate that funds are withdrawing from ETFs or adjusting risk exposure, which could be overly pessimistic about Bitcoin's future performance.