US Spot Bitcoin ETFs Record First Net Outflows in 30 Days
U.S. spot Bitcoin ETFs registered $292 million in net outflows over 30 days, marking the first negative streak since late July.
U.S. spot Bitcoin exchange-traded funds recorded $292 million in net outflows over a 30-day period, according to bloomingbit. The decline marks the first sustained negative outflow streak for the products since late July.
Outflows Break Multi-Week Streak
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The negative net flows interrupt a prior period of consistent inflows for the U.S. spot Bitcoin ETF sector. Market participants have closely tracked fund flows as an indicator of institutional demand and sentiment.
Key facts
- U.S. spot Bitcoin ETFs saw $292 million in 30-day net outflows.
- The decline represents the first negative net outflow period since late July.
- Data was reported by bloomingbit.
Source: news.google.com
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