Bitcoin ETFs Lose Nearly US$1 Billion in Two Weeks as Inflation Fears Persist
Photo: Crypto News Australia
US spot Bitcoin ETFs have seen large net outflows over the past two weeks. With six days of net outflows and four days of net inflows, a total of US$907.4 million (AU$1.3 billion) has exited the funds. On Friday, US$82.4 million (AU$118.2 million) in net outflows closed the week in the red. That marks a slowdown from the previous week, when US$679 million (AU$973.6 million) left the funds, compared with last week’s US$228.4 million (AU$327.5 million).
Source: Crypto News Australia
