News

Record Withdrawal From US Bitcoin ETFs Marks Largest Single-Day Outflow

Record Withdrawal From US Bitcoin ETFs Marks Largest Single-Day Outflow



On May 1, 2024, U.S. spot bitcoin ETFs experienced their most significant single-day outflows since their inception on Jan. 11, 2024. ETF Institute Co-Founder: ‘Inflows Don’t Go up in a Straight Line’ Data sourced from coinglass.com reveals that these funds saw a withdrawal of $563.7 million on Wednesday, with Fidelity’s FBTC experiencing the highest outflow, […]



Source: https://news.bitcoin.com/record-withdrawal-from-us-bitcoin-etfs-marks-largest-single-day-outflow/

Leave a Reply

Your email address will not be published. Required fields are marked *