Spot Bitcoin ETFs Face $43 Million In Outflows After Two Days Of Inflows

Quick Summary:

US-based spot Bitcoin (BTC) exchange-traded-funds (ETFs) saw a net outflow of $43 million on September 11, 2024, following two days of inflows, data from SoSoValue confirms.

Ethereum (ETH) ETFs had a similar day as they witnessed $542,000 in net outflows.

By contrast, the 9 spot Ethereum ETFs’ cumulative net outflow is approximately $563 million.

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Article Details

Author / Journalist: Ash Tiwari

Category: Crypto

Markets: Hungary

Topics: Btc Ethereum BlackRock Grayscale Cryptocurrency Bitcoin ETF Bitcoin News ETH Bitcoin BTCUSDT Spot bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 08:00:49 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 562 words

Reading Time: 4 minutes read

Sentences: 50 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 22487319

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