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Bitcoin Spot ETFs Witnessed $1.2 B Massive Outflow! Coinpedia 09 sept. 2024

Bitcoin Spot ETFs Witnessed $1.2 B Massive Outflow! 📉

Bitcoin ETFs USA Bitcoin

The U.S. spot Bitcoin ETFs saw a significant outflow of around $1.2 billion in the last 8 days. This was observed between August 30 and September 6, as investors pulled out their funds from the 12 spot BTC ETFs available.

This outflow marks the longest streak since these ETFs were introduced in January 2024, indicating a notable decline in investor confidence or interest during this period.

The timing of these withdrawals also coincided with Bitcoin’s overall market performance, suggesting potential market influences on investor decisions.

Source : coinpedia.org ↗

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