The three spot bitcoin ETFs in Hong Kong saw about 90.16 BTC leave the products on Thursday, according to SosoValue.
Spot Bitcoin exchange-traded funds in Hong Kong experienced their second daily net outflows on Thursday since debuting on April 30, with about 90.16 BTC exiting the ETFs.
The three ETFs’ daily net outflows came after they recorded net inflows of 101.6 BTC on Wednesday and inflows of 99.99 BTC on Tuesday. The funds saw their first daily outflows on Monday, with 75.36 BTC flowing out of the products. The total trading volume for the three ETFs amounted to $2.06 million on Thursday, down from $2.67 million the day before and $9.74 million on April 30, SosoValue data showed.
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