US Bitcoin ETFs experienced a shift in funds, with $11.3 million flowing out during Thursday's trading, following a $11.5 million inflow on Wednesday. Despite most funds gaining on Thursday, significant withdrawals from Grayscale's Bitcoin Trust (GBTC) outweighed these gains. GBTC saw $43 million in net outflows, reducing its Bitcoin reserves from 292,267.99 BTC to 291,790.19 BTC, valued at $18.22 billion.

Although Thursday's outflows impacted the overall picture, Wednesday's inflows balanced the scales, with Blackrock's IBIT leading with $14 million in positive flows, followed by Bitwise's BITB with $6.9 million. IBIT holds the second-largest BTC reserves after GBTC, with 274,550.15 BTC, valued at $17.1 billion, while Fidelity's FBTC holds about 152,924.59 BTC, worth roughly $9.53 billion. ARKB and BITB follow with 43,541 BTC and 33,786.68 BTC, respectively.

What are your thoughts on the recent activity in the spot Bitcoin ETF market? Share your opinions below.