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$261M: U.S. Spot Bitcoin ETFs Face Major Outflows
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5 Articles
US spot Ethereum ETFs saw a net outflow of $129.5 million on October 14th. BlackRock's ETHA fund led the outflow with $109.8 million.
📉 While BTC traded at $81,000, a net outflow of $261.46 million occurred from US spot Bitcoin ETFs on October 14th (yesterday). 🏭 Following higher-than-expected US inflation, some Bitcoin miners' shares saw daily losses exceeding 12%. 💬 Jack Yi expects a quick recovery after the drop, while Arthur Hayes argued that a potential market rescue intervention could support Bitcoin and Ethereum. Read More: Bitcoin at $81,000! Outflows from ETFs, sha…
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