Bitcoin ETF

Bitcoin

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Bitcoin exchange-traded funds (ETFs)&nbsp;<a href="https://x.com/spotonchain/status/1777912475696140781?s=46&amp;t=dYF0hpz-gFc8HcetSehFUQ" rel="noopener noreferrer nofollow">recorded</a> yet another day of outflows on Apr. 9.&nbsp;
For comparison, Bitcoin ETFs logged $224.8 million worth of outflows the day before.&nbsp;
Grayscale’s GBTC, of course, is responsible for another day in the red. The ETF recorded a whopping $154.9 million worth of outflows on Tuesday. However, it is still not as dramatic as the $303 million loss that Grayscale recorded on Monday.&nbsp;
BlackRock’s impressive inflows worth of $128.7 million weren’t enough to offset Gradycale’s outflows. However, it’s inflows remain below the 28-day average inflow of $277 million.&nbsp;
Bitwise and Fidelity managed to record only minor inflows ($3.8 million and $3 million, respectively).&nbsp;
Bitcoin (BTC) is currently sitting just below the $70,000 level on major exchanges.&nbsp;
As&nbsp;<a href="https://u.today/bitcoin-etf-issuers-to-face-legal-nightmare-peter-schiff-predicts" rel="noopener noreferrer nofollow">reported by U.Today</a>, cryptocurrencies naysayer Peter Schiff recently predicted that Bitcoin ETF issuers would face serious legal troubles due to the potential losses of buyers.&nbsp;
Meanwhile, the Securities and Futures Commission of Hong Kong is preparing to announce the list of spot Bitcoin ETFs on Apr. 16.&nbsp;

Bitcoin ETFs Record Another Day of Outflows

U_Today

Các bài viết khác được xuất bản trên 10 thg 4, 2024

Tired Of Market Volatility? ETFSwap ($ETFS) Offers Staking And Leverage – Maximize Profits In Any...

US Senators Are Preparing to Introduce Stablecoin Bill This Week! Here are the Details!

Microsoft Chases AI Race with New Cloud and Windows Feature Release in May

Analyst Touts Hedera’s (HBAR) Potential 30X Move Similar to Cardano’s (ADA) “17,000% last cycle” ...

BlackRock Steps Up Competition with Grayscale in the Fight for Bitcoin ETF Supremacy

STEPN launches $2.9m airdrop, GMT sinks by 6.5%

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!