Bitcoin Spot ETFs See $390M Weekly Outflow; Fidelity FBTC Leads with $153M

The concentration of outflows in a single issuer rather than an even spread suggests this is about relative positioning among the spot products, not a uniform verdict on the asset. Fidelity's fund carrying the largest share is the detail worth noting, since it implies the money leaving is not simply the highest-fee or smallest vehicle. Whether this is a one-week rotation or the start of a broader pullback from crypto-linked products is the open question.