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Bitcoin ETFs: After Record $328M Outflows, What Happens Next?
Throughout the week ending on April 26, 2024, Bitcoin Spot ETFs in the U.S. experienced notable fluctuations in net flows. Moreover, these ETFs registered a massive weekly net outflow of $328 million as institutional investors cut down on their BTC positions in a bit to avoid a potential post-halving crash, Overview Of Bitcoin ETF Weekly Flow At the time of writing on April 28, the 10 Bitcoin ETF hold a cummulative balance of 825,320 BTC (~$52.5 billion), after a turbulent week. The week began with robust activity, witnessing total net inflows of $62.02 million across various Spot BTC ETFs. Meanwhile, Grayscale’s ... (full story)