November 23, 2024

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Fifth Day of Outflows Hits US Bitcoin ETFs With $139 Million in Losses

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Fifth Day of Outflows Hits US Bitcoin ETFs With 9 Million in Losses
Fifth Day of Outflows Hits US Bitcoin ETFs With 9 Million in LossesU.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $139.88 million. Grayscale’s Bitcoin Trust (GBTC) led the decline with a $53 million reduction, followed closely by Fidelity’s (FBTC) $51 million loss. U.S. Bitcoin ETFs Experience Sustained Outflows The 11 spot bitcoin ETFs reported $1.16 billion in trade volume […]