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Blackrock, Fidelity Lead $635M Bitcoin ETF Loss—Biggest Outflow Since June

News.Bitcoin.com
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Blackrock, Fidelity Lead $635M Bitcoin ETF Loss—Biggest Outflow Since June

U.S. bitcoin ETFs suffered $635.49 million in net outflows on Thursday, abruptly interrupting a three-session run that had attracted more than $1 billion. Bitcoin ETFs Suffer Biggest Outflow Since June The institutional tide turned with remarkable speed. A day after bitcoin ETF buying broadened across eight funds, investors pulled $635.49 million from the category. […]

Key Takeaways

  1. bitcoin ETFs suffered $635.49 million in net outflows on Thursday, abruptly interrupting a three-session run that had attracted more than $1 billion.
  2. Bitcoin ETFs Suffer Biggest Outflow Since June The institutional tide turned with remarkable speed.
  3. A day after bitcoin ETF buying broadened across eight funds, investors pulled $635.49 million from the category.
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.