US Spot Bitcoin ETFs See $79.12 Million in Net Outflows on October 22

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US Spot Bitcoin ETFs See $79.12 Million in Net Outflows on October 22 U.S.spot Bitcoin Exchange-Traded Funds (ETFs) experienced a combined net outflow of $79.12 million on October 22, bringing an end to seven consecutive trading days of net inflows.

As regulatory bodies provide more clarity on cryptocurrency regulations, investor confidence may stabilize, leading to more predictable ETF performance and potentially renewed inflows.

Continued strong inflows into established ETFs like IBIT can reinforce confidence in major financial institutions’ crypto products.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 05:32:39 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 752 words

Reading Time: 5 minutes read

Sentences: 37 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23211749

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 37 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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