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Cryptoknowmics 2024-12-27 12:04:56

Bitcoin ETFs See $1.5B Outflows; Ethereum ETFs Attract Inflows

Bitcoin spot exchange-traded funds (ETFs) have recently experienced significant outflows, totaling over $1.5 billion between December 19 and 24, 2024. This period included a record single-day withdrawal of $188.7 million from BlackRock’s iShares Bitcoin Trust ETF (IBIT) on December 24. Market Impact and Investor Sentiment These substantial outflows coincide with Bitcoin’s price retreating approximately 11% … Continue reading "Bitcoin ETFs See $1.5B Outflows; Ethereum ETFs Attract Inflows" The post Bitcoin ETFs See $1.5B Outflows; Ethereum ETFs Attract Inflows appeared first on Cryptoknowmics-Crypto News and Media Platform .

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