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Bitcoin Spot ETF 8-Day Inflow Streak Ends, Loses $127.1 Million Amid Crypto Market Crash!

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By on August 28, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Bitcoin Spot ETF 8-Day Inflow Streak Ends, Loses $127.1 Million Amid Crypto Market Crash! appeared first on Coinpedia Fintech News

For the first time since its inception, the Bitcoin ETF has recorded zero inflow over the past 24 hours. Notably, Blackrock, Fidelity, Invesco, Franklin, Valkyrie, VanEck, WTree, and Grayscale’s “BTC” have recorded a neutral flow. On the flip side, Ark’s “ARKB” has recorded the highest outflow with $102 Million, followed by Grayscale’s “GBTC” with $18.3 Million, and Bitwise’s “BIBT” with $6.8 Million. With this, the total outflow for 27th August concluded at -$127.1 Million.

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