Recently, 11 US spot Bitcoin exchange-traded funds (ETFs) saw significant net outflows totaling $226.21 million.

Among them, Fidelity's FBTC experienced its second-highest net outflow of $106 million. Grayscale reported $62 million, while Ark Invest and 21Shares' ARKB saw $53 million withdrawn. Bitwise and VanEck had $10 million outflows, and Invesco and Galaxy Digital's BTCO recorded $3 million. BlackRock's IBIT was the only one with a net inflow, gaining $18 million.

Since their early-year listing, these 11 spot Bitcoin ETFs have amassed $15.30 billion in net inflows. Bitcoin's value declined by 1.48%, reaching $66,704.

Elsewhere, SEC Chair Gary Gensler indicated that the SEC will soon provide its stance on spot ether funds. Positive outcomes have been granted for spot ether ETF applications, with providers preparing for their respective S-1 filings. JPMorgan analysts foresee a launch in November.

It's anticipated that spot ether funds could attract 20% of current investments flowing into spot Bitcoin ETFs upon their introduction.