Bitcoin Spot ETFs Witnessed $1.2 B Massive Outflow!

Quick Summary:

S spot Bitcoin ETFs witnessed a heavy outflow of around $1.2 Billion in the last 8 days.

From August 30 to September 6, investors pulled out ~$1.2 billion from the 12 spot BTC ETFs.

This marks the longest streak of outflows since the ETFs were introduced in January 2024.

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Article Details

Author / Journalist: Zafar Naik

Category: Crypto

Markets: United StatesNigerNigeria

Topics: Bitcoin ETF News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 11:12:14 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 278 words

Reading Time: 2 minutes read

Sentences: 33 lines

Sentence Length: 9 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 22423958

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Official Website: coinpedia.org

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News Last Updated: 12 hours ago

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