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Bitcoin Spot ETF Loses Over $1 Billion In 8 Days!

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By on September 9, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Bitcoin Spot ETF Loses Over $1 Billion In 8 Days! appeared first on Coinpedia Fintech News

Reportedly, the U.S. BTC ETF has recorded the longest streak of consecutive outflows with 8 days and counting. During this period, the 11 ETFs have witnessed an outflow of $1.185.9 billion, making it the highest outflow since its inception this year. Notably, Blackrock’s “IBIT” has recorded the highest outflow with $459.3 million, followed by Grayscale’s “GBTC” with $269.9 million.

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