Bitcoin ETFs End Inflow Streak Amid High Odds Of Kamala Harris At Bitcoin Conference

Quick Summary:

On Tuesday, July 12, the spot Bitcoin ETFs in the United States registered net negative outflows after seeing 12 days of consecutive inflows.

Interestingly, the flows turned negative on the same day as the crypto market saw the launch of the spot Ethereum ETFs in the US.

Fidelity’s FBTC led with the highest outflows of more than $70 million on Tuesday.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: IndiaUnited States

Topics: Bitcoin ETF outflows Bitcoin News Bitcoin (BTC) Price Spot Bitcoin ETF Bitcoin Conference 2024 Bitcoin ETF inflows 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 06:43:53 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21760009

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