The Nomadic Goat on Nostr: Big outflows hit Bitcoin ETFs again! Spot Bitcoin ETFs saw a total net outflow of ...
Big outflows hit Bitcoin ETFs again! Spot Bitcoin ETFs saw a total net outflow of $211M on Sept 5, with Grayscale's GBTC losing $23M, and Fidelity's FBTC seeing a huge $149M exit. BlackRock's IBIT stayed flat. Institutional investors still staying cautious.Total net asset value of Bitcoin spot ETFs hovers at $50B, but growth has stalled. The bearish sentiment continues to affect the crypto market’s momentum. Are we in for more turbulence?
Published at
2024-09-06 16:24:34Event JSON
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