Heavy outflows drain Bitcoin ETFs despite IBIT’s $596 million inflow
The 11 Bitcoin ETFs recorded heavy outflows from various funds draining major inflows into funds like Blackrock’s IBIT. The Outflows put an end to a two-day streak of inflows into the Bitcoin ETFs totaling nearly $2 billion. The outflows resurfaced after two days of only inflows in both Bitcoin and Ethereum ETFs. Five out of…
The post Heavy outflows drain Bitcoin ETFs despite IBIT’s $596 million inflow appeared first on Crypto-News.net.