The past week has been a rollercoaster ride for the Spot Bitcoin ETFs, marked by dramatic shifts in investor sentiment and significant fund flows. The week kicked off with a jolt these ETFs experienced a staggering outflow of $223.8 million on Monday, setting a new record for the largest outflow in Bitcoin ETF history.
Spot Bitcoin ETF Outflows Surge
The outflow trend continued, albeit on a smaller scale, with $18.6 million in total net outflows across various key funds on Tuesday. However, a sudden reversal took place on Wednesday as Bitcoin ETFs saw a resurgence in inflows, totaling $123.7 million collectively.
Moreover, GBTC outflows plunged to a low of $17.5 million while BlackRock’s IBIT witnessed $33.3 million inflows. Meanwhile, Fidelity Wise Bitcoin ETF (FBTC) topped with $76.3 million influx. This turnaround instilled renewed optimism among investors, signaling a potential shift in market sentiment.
On Thursday, the Spot Bitcoin ETFs registered inflows of $91.3 million. Howe
We współpracy z: https://coingape.com/bitcoin-etf-weekly-outflows-hit-82m-ahead-crash-whats-next-for-btc-price/
