U.S. Spot Bitcoin ETFs Witness $569.02M Net Outflows on January 8

Quick Summary:

U.S.spot Bitcoin ETFs recorded significant net outflows of $569.02 million on January 8, marking a sharp reversal following three consecutive days of net inflows.

This trend highlights potential shifts in investor sentiment or short-term profit-taking in the volatile crypto market.

The net outflows on January 8 were distributed among some of the most prominent Bitcoin ETFs in the U.S.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Bitcoin ETF Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 12:23:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 388 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 18 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 24998421

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 17 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 14 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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