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<p>The post <a href="https://coinpedia.org/crypto-live-news/bitcoin-spot-etfs-experience-140m-outflow-amid-five-day-decline/">Bitcoin Spot ETFs Experience $140M Outflow Amid Five-Day Decline</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>On June 20, Bitcoin spot ETFs faced a $140 million outflow, marking their fifth consecutive day of losses. Grayscale’s GBTC saw a $53.1 million decline in a single day. Conversely, BlackRock’s IBIT ETF gained $1.48 million, with total inflows reaching $14.67 billion. This disparity highlights investors’ varied strategies and market volatility. The ongoing outflows suggest deeper concerns beyond price trends. Investors are now watching U.S. PMI data for signs of a potential Federal Reserve rate cut, which could significantly impact ETF performance.</p>

Bitcoin Spot ETFs Experience $140M Outflow Amid Five-Day Decline

CoinPedia News

Інші статті, опубліковані 21 черв. 2024 р.

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