Bitcoin ETF Flows Turn as Investors Avoid Risk

Discover cryptocurrency trading strategies on our platform. Use our premium Binance Futures Bot and Futures Leverage Bot for trading. Get help with your crypto trades at https://telegram.me/freebitmexsignals

Spot Bitcoin ETFs see $296 million in weekly outflows after a month-long inflow streak, as macro uncertainty keeps capital sidelined.

Spot Bitcoin exchange-traded funds (ETFs) snapped a four-week inflow streak, posting $296.18 million in net outflows for the week ending Friday.

The reversal follows a sustained run of inflows totaling more than $2.2 billion across four consecutive weeks, including $787.31 million, $568.45 million and $767.33 million in early March, before slowing to $95.18 million in the prior week, according to SoSoValue data.

The weekly outflow followed back-to-back daily withdrawals on Thursday and Friday totaling more than $396 million, including a $225.48 million outflow on Friday alone, their biggest day of redemptions since March 3, when they posted $348 million in outflows.


180% Profit on #BLUAI/USDT

Our free signals on Telegram consistently lead to significant profits.

In 2023, we were the top Crypto Signals service on Telegram. Our advanced Trade Copier for Bitmex, Bybit, and Binance futures, powered by Cornix Bot, sets us apart.

Our Trade Copier, powered by advanced AI and built-in strategies, consistently generates profits with minimal human intervention, ensuring significant gains.

Comments

Popular posts from this blog

DOGE Millionaires Accumulate – Is a 30% Rally Coming?

BTC-to-Gold Ratio Drops as Gold Price Reaches Historic $3K

UAE: The New Hub for Crypto Millionaires