US Spot Bitcoin ETFs just experienced their largest outflows

US Spot Bitcoin ETFs just experienced their largest outflows in a year. 📉 Over a shortened four-day week, a staggering $1.33 billion exited these funds, marking their worst performance since their inception earlier this year.BlackRock's IBIT led the selling pressure, recording heavy redemptions midweek. In a similar trend, Ether ETFs also faced significant outflows, totaling $611 million. 💸
Despite this recent pullback, the broader outlook remains positive. Cumulative inflows since the launch of spot Bitcoin ETFs are still in the green, signaling sustained investor interest amidst short-term market volatility. ✨

Dernières actualités

Geopolitical Risks and Fed Rate Expectations Influence Hong Kong Stocks

CrossCurve Cross-Chain Bridge Faces Exploit Due to Smart Contract Vulnerability

CME Bitcoin Futures Open with Significant Price Gap

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}US Spot Bitcoin ETFs just experienced their largest outflows in a year. 📉 Over a shortened four-day week, a staggering $1.33 billion exited these funds, marking their worst performance since their inception earlier this year.

Dernières actualités

US Spot Bitcoin ETFs just experienced their largest outflows in a year. 📉 Over a shortened four-day week, a staggering $1.33 billion exited these funds, marking their worst performance since their inception earlier this year.