Bitcoin ETFs Claw Back $110M After $774M Exit
15 Articles
15 Articles
Bitcoin ETFs Attract $110 Million After $774 Million Outflows
US spot Bitcoin exchange-traded funds (ETFs) recorded $110 million in net inflows on Monday, recovering some losses after investors withdrew $774 million over the previous two trading sessions. According to SoSoValue data, the latest inflows came amid continued volatility in Bitcoin prices and weakening market sentiment. Despite the rebound, US spot Bitcoin ETFs remained in […]
Key Points of the IBIT Domain News: BlackRock's IBIT generated the totality of the $110.34 million in net inflows recorded by Bitcoin's ETFs in the US on Monday, without any other bitcoin products registering significant activity. Weakness in altcoins funds: Ether's ETFs experienced outflows from the world of the new IBIT. ... Read more
The U.S. Bitcoin ETFs would show a rebound of $110 million, while the BTC remains below $80,000. The last Binance survey consulted places Bitcoin around $79,730. The announced return of capital comes after two particularly difficult sessions: investors had withdrawn $773.5 million from the ETFs on October 22 and 23. The figure of the new rebound is still waiting for confirmation in the consolidated data. The Bitcoin article: $110 million enters …
Bitcoin's cash ETFs in the United States captured $110 million on Monday, after losing $774 million in the previous two sessions. The rebound did not reverse the October negative balance, while BTC retreated and CryptoQuant's data cited by analyst Darkfost pointed to an increase in retail deposits in Binance.
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