Bitcoin ETFs Suffer $582M Net Outflow, Second-Highest Tally Ever

Quick Summary:

The ETFs bleed money as renewed U.S.

We expect limited volatility heading into the weekend and recommend maintaining a heavy exposure to digital assets, with a preference for Bitcoin over Ethereum," Valentin Fournier, analyst at BRN said in an email.

The notes also revealed concerns about the inflationary impact of the incoming President Donald Trump's policies.

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Article Details

Author / Journalist: Omkar Godbole

Category: Crypto

Markets: United StatesCuba

Topics: Ether Bitcoin ETFs Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 07:55:22 (1 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 281 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © CoinDesk

News ID: 24998836

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