Bitcoin ETFs see outflows once again – ‘Becoming comical now’

Quick Summary:

BlackRock's iShares Bitcoin Trust ETF is drawing significant inflows, outpacing its Bitcoin counterparts.

Despite Ark’s 21Shares continuing to lead outflows with $99 million, followed by Bitwise’s BITB losing $25.2 million and VanEck’s HODL down by $5.6 million, the overall trend shifted.

The following day, Ethereum ETFs saw modest inflows of $1.2 million.

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Article Details

Author / Journalist: Ishika Kumari

Category: Crypto

Markets: United States

Topics: Altcoin Trading View News News 1 Ambcrypto BTC Trading View Bitcoin Social Ethereum

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 14:00:51 (4 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 541 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 23225526

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 21 posts per day

Year Established: 2018

Headquarters: United States

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Coverage Areas: United States

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