Bitcoin ETFs See $294 Million Outflows, Extend 10-Day Redemption Streak

Share

U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) extended their longest recent streak of ‘net outflows’ to 10 consecutive trading sessions on Tuesday, underscoring a cautious tone in institutional crypto positioning even as headline adoption of regulated products continues. Data compiled by Sosovalue showed that U.S.-listed spot Bitcoin ETFs recorded $294.62 million in net redemptions on July 1 (ET), marking a noticeable acceleration from the $222.64 million of outflows logged on June 30.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles