List of Flash News about institutional withdrawals
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Bitcoin ETF Daily Outflow: Fidelity Sees $73.7 Million Net Withdrawal - Trading Implications for Crypto Markets
According to Farside Investors, Fidelity's Bitcoin ETF recorded a daily net outflow of $73.7 million on May 24, 2025, signaling a notable decrease in institutional interest for the day. This significant withdrawal could increase short-term selling pressure on Bitcoin, potentially impacting spot prices and overall crypto market sentiment. Traders should monitor ETF flow trends closely, as sustained outflows from major funds like Fidelity often correlate with increased volatility and price corrections in the broader cryptocurrency market (source: Farside Investors). |