Bitcoin Breaks Three-Week ETF Inflow Streak With Over $680 Million Withdrawn
Photo: U.Today
Bitcoin has just closed a negative ETF trading week as its funds continue to see substantial withdrawals from investors on most days of the last week. As such, the Bitcoin ETFs have just recorded a substantial net outflow for the last week, breaking their inflow streak of three consecutive weeks. As of October 9, which marked the end of the last ETF trading week, the broad Bitcoin ETF market recorded about $681.10 million in net outflows. This outflow, which has come after a week of slow institutional demand, has broken a three-week streak of consecutive weekly inflows.
Source: U.Today
