PANews reported on January 9 that according to data from SoSoValue cited by The Block, Fidelity's spot Bitcoin and Ethereum ETFs recorded the largest single-day net outflows on Wednesday. The total net outflow of spot Bitcoin ETFs reached $582 million, of which Fidelity's FBTC recorded a net outflow of $259 million. At the same time, the total net outflow of Ethereum spot ETFs was $159 million, of which Fidelity's FETH accounted for $148 million.

Other funds such as BlackRock's IBIT, Ark and 21Shares' ARKB also recorded net outflows of more than $124 million and $148 million, respectively. Despite the historic outflows, Fidelity's ETF still maintained the second largest cumulative net inflows among spot Bitcoin and Ethereum funds.