Bitcoin ETFs Shed $450M in Biggest Outflow Since June
8 Articles
8 Articles
Bitcoin ETFs Shed $450M in Biggest Outflow Since June
The $450 million withdrawal came as Bitcoin fell 2.5% and the CLARITY Act failed to advance in the Senate, with Fidelity and BlackRock funds leading the outflows.
Bitcoin ETFs Lose $450 Million in Three Days After Billion Dollar Inflow Week
US spot Bitcoin ETFs shed roughly $450 million between September 8 and 10, the sharpest outflow run since June, just weeks after a three-week streak brought in over $3 billion. ARKB took the biggest hit while BlackRock's IBIT held up better, as Bitcoin slid toward $76,000 ahead of a hot CPI print and the Fed's September 16 rate decision under new Chair Kevin Warsh.
Illustrative image Photo: Pexels Net outflow of $450.4 million is the largest since June, with Fidelity and BlackRock leading
Bitcoin falls after the U.S. Senate's rejection of the cryptocurrency regulation law, registering its biggest downfall since June.
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