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2024-10-04 09:31:01
in reply to nevent1q…6stw

Summary of Bitcoin ETFs Register Net Outflows for Third Straight Day

Summary of Bitcoin ETFs Register Net Outflows for Third Straight Day


The source article:
Bitcoin ETFs Register Net Outflows for Third Straight Day


Bitcoin and ether outflows from ETFs contribute to this week's weak crypto price action.

https://www.coindesk.com/markets/2024/10/04/bitcoin-etfs-register-net-outflows-for-third-straight-day/?utm_medium=referral&utm_source=rss&utm_campaign=headlines


The article discusses the recent performance of Bitcoin ETFs, which have been experiencing net outflows, with investors draining $54.2 million from these funds on October 3. This is the third consecutive day of net outflows, with a total of $361.2 million withdrawn over the past three days. The article also notes that 13 of the top 25 ETFs launched in 2024 are related to Bitcoin or ether.
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