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2024-10-02 08:45:01
in reply to nevent1q…g4j4

Summary of Bitcoin ETFs Bleed $242.6M, Biggest Outflow Since Sept. 3

Summary of Bitcoin ETFs Bleed $242.6M, Biggest Outflow Since Sept. 3


The source article:
Bitcoin ETFs Bleed $242.6M, Biggest Outflow Since Sept. 3


The outflows snapped an eight-day winning streak as BTC lost as much as 6% amid an acute heightening of tensions in the Middle East.

https://www.coindesk.com/markets/2024/10/02/bitcoin-etfs-bleed-2426m-biggest-outflow-since-sept-3/?utm_medium=referral&utm_source=rss&utm_campaign=headlines


Bitcoin exchange-traded funds (ETFs) in the U.S. saw outflows of $242.6 million on Tuesday, their worst day since September 3, according to data from SoSoValue. This comes amid escalating tensions in the Middle East, which led to a decline in Bitcoin's value to $60,300.
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