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ETF Update: Bitcoin ETF Loses $105 M While ETH ETF Breaks Its 9-Day Outflow Streak!

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By on August 29, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post ETF Update: Bitcoin ETF Loses $105 M While ETH ETF Breaks Its 9-Day Outflow Streak! appeared first on Coinpedia Fintech News

Over the past day, 5 BTC ETFs have recorded a neutral outflow, and no ETFs have recorded a positive flow. Conversely, ARK’s “ARKB” has recorded the highest outflow of $59.3 million. With 6 Bitcoin ETFs recording a negative flow, the total outflow for the day concluded at -$105.3 million. On the other hand, 2 Ethereum ETFs have recorded a positive flow, whereas 6 have recorded a neutral flow. Despite Grayscale’s “ETHE” losing $3.8 million, the ETH ETF concluded the day with a flow of +$5.9 million.

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