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Cryptocurrency News Articles
Spot Bitcoin and Ether ETFs Recorded Notable Outflows, Continuing a Trend of Withdrawals
Oct 04, 2024 at 09:09 pm
On Oct. 3, US spot Bitcoin funds recorded their third consecutive day of net outflows, totaling $361.2M over the period.
Major United States spot Bitcoin and Ether exchange-traded funds (ETFs) continued to experience outflows over the past few days, as indicated by data from Spotonchain.
On Oct. 3, US spot Bitcoin funds recorded their third consecutive day of net outflows, totaling $361.2 million over the period. According to Spotonchain, there was $54.13 million in withdrawals on Thursday alone, following $91.76 million in outflows the day before.
“Spot ETF:
?$54.3M to $BTC and ?$3.3M to $ETH
Oct 03, 2024
Despite staying negative for the 3rd consecutive day, the net flow for BTC ETFs is showing signs of recovery.
Follow @spotonchain and check out the latest updates about #Bitcoin and #Ethereum #ETFs via…”
October 4, 2024
Here's a glance at the latest net flows to BTC and ETH ETFs on Oct 03, 2024.
Despite staying negative for the 3rd consecutive day, the net flow for BTC ETFs is showing signs of recovery. Stay tuned for more updates from SpotOnChain.
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