Bitcoin ETFs see full week of net outflows, record low inflows | • CRYPTO NEWS • #BTC • #ETH •
Bitcoin ETFs see full week of net outflows, record low inflows for BlackRock, Fidelity
Wall Street's spot bitcoin exchange-traded funds (ETFs) set a new record this week, but unlike in the recent past, crypto traders may be less than enthusiastic about this latest milestone: five straight days of net outflows. Over the past week, the ten ETFs saw total outflows of $888 million, led by a day of record-breaking outflows from Grayscale's GBTC on Monday, March 18 according to data from BitMEX Research.