U.S. Spot Bitcoin ETFs Record $287.8M in Net Outflows on September 3

Quick Summary:

U.S.spot Bitcoin ETFs net outflows totaled $287.8 million on September 3, 2024, marking the fifth consecutive day of outflows, according to data from Farside Investors.

The outflows reflect growing caution among institutional investors, particularly as the crypto market faces increased volatility.

Leading the pack, Fidelity’s FBTC recorded the largest net outflow of $162.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: U.S. spot Bitcoin ETFs Latest News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 08:21:10 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 213 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 18 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 22364732

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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