Market Reaction as U.S. Bitcoin ETFs Report First Net Outflow
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5 Articles
Bitcoin continues to be pressed this Thursday (10), after retreating from the region of $81,000 to close to $77,000, amid reduced appetite for risk and the exit of resources from the funds traded on stock exchange (ETFs). At around 10:30, bitcoin dropped 3.1% in 24 hours, to $76,811.62, according to CoinGecko. In Brazil, cryptocurrency was traded to R$396,102.41, with a fall of 2.53%, according to the CoinTrader Monitor. Bitcoin sight ETFs in th…
Institutional Bitcoin Demand Weakens as Spot ETFs Record $46.65M Outflows
The latest movement in the U.S. spot Bitcoin exchange-traded fund market offers a reminder that institutional demand for digital assets is rarely a straight line. U.S. spot Bitcoin ETFs recorded approximately $46.65 million in net outflows on September 8, reversing three consecutive sessions of positive flows and signaling a temporary shift in investor positioning. The […]
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Cryptocurrency News | Cryptocurrency Prices | Market CapMarket Reaction as U.S. Bitcoin ETFs Report First Net Outflow
U.S. spot Bitcoin ETFs recorded a significant outflow of $46.6464 million, marking a shift in investor sentiment. This development raises questions about future market dynamics.
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