1 hour ago
Bitcoin ETFs Draw $197M as Record Eight Week Outflow Streak Ends
BitcoinBitcoin ETF inflowsBitcoin ETFSBitcoin marketBitcoin priceBlackRock IBITblockchainbtc priceCryptoCrypto Fund Flowscrypto marketCrypto newsCrypto TradingcryptocurrencyDigital AssetsETF-outflowsEthEther ETFsinstitutional demandspot bitcoin ETFU.S. CPI Data
TLDR: Bitcoin ETFs attracted $197.4 million and ended an eight-week withdrawal streak, although the inflow recovered only a small part of earlier losses. BlackRock’s IBIT recorded $291.9 million in weekly inflows, while Grayscale, Fidelity and ARK funds experienced combined investor withdrawals. The category lost about $8.26 billion during the prior eight weeks, leaving analysts cautious [...]
The post Bitcoin ETFs Draw $197M as Record Eight Week Outflow Streak Ends appeared first on Blockonomi.
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