According to ChainCatcher, citing Jinshi, 11 U.S. Bitcoin spot exchange-traded funds (ETFs) experienced a net outflow of $869.86 million on Thursday, marking the second-largest single-day outflow on record for this asset class. Investors have withdrawn a total of $2.64 billion in the past three weeks, indicating a continued rise in market caution. This outflow comes as Bitcoin broke below the key support level of $100,000 and Wall Street's risk appetite deteriorated significantly. Ethereum ETFs also recorded a net outflow of $259.72 million on the same day, the highest since October 13th.
Bitcoin spot ETFs saw a single-day outflow of nearly $870 million, the second-highest in history.
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content




