Spot Bitcoin ETFs Record 5 Consecutive Day of Outflows; Analys | Trade Crypto Now

Spot Bitcoin ETFs Record 5 Consecutive Day of Outflows; Analyst Declares Cool-Off 'Totally Normal'

The newly launched spot bitcoin ETFs have been active on the stock market for 99 days, having commenced trading on Jan. 11, 2024. Throughout this period, they have experienced significant trading volumes, marked by substantial inflows from entities such as IBIT and FBTC, as well as notable outflows, particularly from GBTC. During Thursday’s trading sessions, the market observed another net outflow totaling $4.3 million, following a more substantial outflow of $165 million the previous day.

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