Bitcoin ETFs erased October’s net inflows with $485 million in withdrawals, while Ether funds logged a seventh straight outflow session.
US spot Bitcoin exchange-traded funds (ETFs) recorded $484.9 million in net outflows on Wednesday, reversing Tuesday’s $118.8 million net inflow.
The withdrawals were the largest since June 25, when the funds lost $691.7 million, according to Farside Investors.
Wednesday’s outflows wiped out the $321.6 million in net inflows recorded over October’s first four trading sessions, leaving Bitcoin ETFs with approximately $163 million in net outflows for the month.&
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments