Spot Bitcoin exchange-traded funds (ETFs) in the United States experienced net outflows on Feb. 11 as the price of BTC remained below $100K. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $56.76 million in net outflows on that day, extending the negative trend for two consecutive days. Fidelity's FBTC led the outflows with $43.63 million leaving the fund. However, BlackRock's IBIT managed to offset some of the outflows by attracting $23.8 million from investors. While demand for spot Bitcoin ETFs decreased, Ethereum ETFs saw net inflows of $12.58 million on Feb. 11. The mixed demand for BTC and ETH ETFs comes as investment managers continue to increase their holdings in these products. At the time of writing, Bitcoin was trading at $95,834, down 2.5% over the past day, while Ethereum dropped 3.7% to $2,604.



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