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Guavy AI Editorial Team••Sentiment: -3•Clout: 82

Bitcoin ETF Outflows Surpass $5 Billion as Altcoins Remain Resilient

BTCHYPEDOGESOL

U.S. spot Bitcoin (BTC) ETFs experienced a significant sell-off on Tuesday, with net outflows totaling $519 million. This is in stark contrast to the performance of altcoin ETFs, which continued to attract investment.

The largest contributor to the outflow was BlackRock's iShares Bitcoin Trust, which sold 5,800 BTC worth $440.29 million. Fidelity's and Grayscale's Bitcoin trust funds also sold a combined total of over $128 million.

Meanwhile, altcoin ETFs defied the trend, with Hyperliquid ETFs attracting $3.15 million, Solana ETFs adding $6.50 million, and Dogecoin ETFs pulling in $662,000.