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cryptocurrency outflows

Spot ETH and BTC ETFs Hit by Withdrawals, Losing $54.13M and $3.2M Respectively

Spot ETH and BTC ETFs Hit by Withdrawals, Losing .13M and .2M RespectivelyThe latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct. 3, 2024, the nine spot ethereum ETFs posted losses after enjoying gains […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit HardOn Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows Grayscale’s Bitcoin Trust (GBTC) experienced a significant outflow of $69.12 million, bringing its total net […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal