Bitcoin ETFs just lost $463 million as the Fed puts BTC at risk of losing $75,000
US spot Bitcoin exchange-traded funds (ETFs) posted $462.7 million in weekly outflows, ending a three-week stretch of heavy investor demand. The funds recorded withdrawals across all four trading sessions in the holiday-shortened week, marking their first weekly loss since mid-August. SoSoValue data showed net withdrawals of $46.7 million Tuesday, the first trading day after the […] The post Bitcoin ETFs just lost $463 million as the Fed puts BTC at risk of losing $75,000 appeared first on CryptoSlate.
Key Takeaways
- US spot Bitcoin exchange-traded funds (ETFs) posted $462.7 million in weekly outflows, ending a three-week stretch of heavy investor demand.
- The funds recorded withdrawals across all four trading sessions in the holiday-shortened week, marking their first weekly loss since mid-August.
- SoSoValue data showed net withdrawals of $46.7 million Tuesday, the first trading day after the […] The post Bitcoin ETFs just lost $463 million as the Fed puts BTC at risk of losing $75,000 appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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