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Bitcoin ETFs: After Record $328M Outflows, What Happens Next?

From fxempire.com

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)

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  • Category: Fundamental Analysis