Bitcoin ETFs Shed $1.2B in Red Week, but Schwab Remains Bullish

Bitcoin ETF Sees $1.2B Outflow as BTC Price Crashes, What's Next?

The post Bitcoin ETF Sees $1.2B Outflow as BTC Price Crashes, What’s Next? appeared on BitcoinEthereumNews.com. The US Spot Bitcoin ETF has recorded a significant outflow of over $1.2 billion this week, which has spooked the market participants. Current BTC price crash, which took the asset’s price to as low as $103,500, has already weighed on the market sentiment. Amid this, the current Bitcoin ETF data further suggests that the institutions ar…

US Bitcoin ETFs see $1.2 Billion in weekly outflows

US spot Bitcoin ETFs faced $1.2B in weekly outflows as Bitcoin fell to a four-month low. BlackRock, Fidelity, and Grayscale saw major redemptions amid Bitcoin’s 10% weekly drop. Schwab says crypto interest is rising, with clients holding 20% of US crypto ETPs. The United States’ spot Bitcoin exchange-traded funds (ETFs) faced a challenging week, with […] The post US Bitcoin ETFs see $1.2 Billion in weekly outflows appeared first on CoinJournal.

Bitcoin ETFs shed $1.2B in red week, but Schwab remains bullish - WorldNL Magazine

Bitcoin ETFs lost $1.22 billion this week as BTC fell, but Schwab reported its clients now own 20% of all US crypto ETPs. Spot Bitcoin exchange-traded funds in the United States have seen more than $1.2 billion in outflows this week, but Charles Schwab is seeing more interest in the products. The eleven spot Bitcoin ETFs in the US saw an aggregate outflow of $366.6 million on Friday, which rounded off a red week for the asset and Bitcoin-associa…

Schwab Sees Surge in Crypto Engagement Despite ETF Withdrawals

The cryptocurrency market experienced significant volatility this week, marked by substantial outflows from Bitcoin ETFs and a notable decline in Bitcoin’s price. Despite these turbulent market conditions, traditional financial giants like Charles Schwab remain actively engaged in crypto and are preparing to expand their offerings. This dynamic underscores the ongoing transformation and increasing mainstream interest in blockchain-based assets. …

Bitcoin ETFs shed $1.2B in red week, but Schwab remains bullish

Bitcoin ETFs lost $1.22 billion this week as BTC fell, but Schwab reported its clients now own 20% of all US crypto ETPs.