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Bitcoin ETFs Lose $487M in Heaviest Daily Outflow Since June

News.Bitcoin.com
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Bitcoin ETFs Lose $487M in Heaviest Daily Outflow Since June

Bitcoin ETFs posted $487.07 million in net outflows on Wednesday, their heaviest daily loss since June 25, while ether funds shed another $160.77 million. Together, the two largest crypto ETF categories lost $647.84 million as trading activity accelerated sharply. Bitcoin, Ether ETFs Shed $648M as Selling Widens The most striking feature of Wednesday’s ETF tape […]

Key Takeaways

  1. Bitcoin ETFs posted $487.07 million in net outflows on Wednesday, their heaviest daily loss since June 25, while ether funds shed another $160.77 million.
  2. Together, the two largest crypto ETF categories lost $647.84 million as trading activity accelerated sharply.
  3. Bitcoin, Ether ETFs Shed $648M as Selling Widens The most striking feature of Wednesday’s ETF tape […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.