US spot Bitcoin ETFs experienced a massive $430.2 million in net outflows on Thursday. Fidelity's $200 million exit was the largest contributor to the negative trend.

The institutional appetite for Bitcoin ETFs cooled significantly as investors pulled capital across all twelve tracked products. Fidelity's substantial withdrawal highlights a shift in sentiment among major institutional players. This broad selloff suggests that market participants are de-risking their portfolios amid ongoing macroeconomic uncertainty.
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