Fidelity Sells BTC Worth Over $75M as Spot Bitcoin ETF Outflow Enters a Streak
The post Fidelity Sells BTC Worth Over $75M as Spot Bitcoin ETF Outflow Enters a Streak appeared on BitcoinEthereumNews.com.
Fidelity has sold 671.38 BTC worth $75.6 million. Spot Bitcoin ETF recorded an outflow of $103.8 million on September 23, 2025. BTC price is currently testing the resistance level of $113,006. Fidelity has sold Bitcoin tokens worth more than $75 million. The move comes at a time when Spot Bitcoin ETF recorded an outflow for the second consecutive day. The transaction involved approximately 671 tokens. Meanwhile, BTC Price is hovering around a crucial resistance level at the moment. Bitcoin Tokens Sold by Fidelity According to a report by Whale Insider, Fidelity (FBTC) has sold 671.38 Bitcoin tokens recently. Their value is estimated to be around $75.6 million at the time of the transaction. Data by Farside reflects the same number. It additionally reflects the total outflow of $103.8 million from Spot Bitcoin ETF on September 23, 2025. Bitwise and Ark Invest also recorded outflows yesterday. BlackRock marked an inflow of $2.5 million, but that was insufficient to cover the draining of funds. Invesco also reported an inflow of $10 million for a total inward movement of $12.5 million. However, outflows worth $12.8 million and $27.9 million from Bitwise and Ark Invest, respectively, led to the negative margin on the chart. Spot Bitcoin ETF Flow Earlier This Week This is for the second consecutive day that Spot Bitcoin ETF has noted an outflow. The previous outward movement of the fund was for $363.1 million, led by Fidelity. FBTC reported an outflow of $276.7 million, which was credited to the sale of BTC. Ark Invest also reported an outflow of $52.3 million, along with VanEck and Grayscale. The cumulative total inflow for Spot Bitcoin ETF stands at $57.21 billion as of September 23, 2025. It remains to be seen how the remaining week turns out for Spot Bitcoin ETF. BTC Price Testing…
Filed under: News - @ September 24, 2025 12:27 pm