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Following the record outflow in Bitcoin ETFs due to the influence of the FED, there was a serious decrease in yesterday’s outflows!

The post Following the record outflow in Bitcoin ETFs due to the influence of the FED, there was a serious decrease in yesterday’s outflows! appeared on BitcoinEthereumNews.com . Spot Bitcoin exchange-traded funds (ETFs) in the United States recorded net outflows of $34.4 million on Thursday, slowing compared to the previous day’s record outflows. Daily Outflows Decrease in Spot Bitcoin ETFs Grayscale’s GBTC, which has been experiencing persistent outflows, was the only ETF to record net fund outflows on Thursday, totaling $55 million, according to SoSoValue data. In comparison, Ark Invest’s ARKB led daily net inflows with $13 million inflows. Spot Bitcoin ETFs from Franklin Templeton, Valkyrie, Invesco and Galaxy Digital reported smaller net inflows, totaling $6 million. BlackRock and Fidelity’s Bitcoin funds, which rank second and third in terms of total net assets, both recorded zero flows on Thursday. Bloomberg’s ETF analyst James Seyffart previously explained that a zero-flow day is within ETFs’ normal operations....

Bitcoin Ethereum News - 5/4/2024 6:42:09 AM More News for IVZ
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