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The cryptocurrency market is volatile, especially in the ETF segment, and remains volatile. SoSoValue data show that a net outflow of $166 million from Bitcoin spot ETFs was caused by the money-making “outflow” according to soovalud. The day of outflows from spot ETFs is the third consecutive day since this time, according to .
BlackRock’s iShareS Bitcoin Trust product, IBIT, has seen the largest outflow in its data-based Outflow according to it. It had a net outflow of $164 million on the day at IBIT, while its historical total net inflow is $61 million. paraphrasing 238 billion, a total of 2 38 billion.
The BRRR, which is codenamed BRARR and Valkyrie’s Bitcoin ETF, reported an outflow of $1,701,300. According to BRRR’s total net inflow to date is $314 million.
News report Bitcoin spot ETFs total net asset value is $84, according to the information in the news report. A total of 37 billion s is. It is 6 net asset ratio calculated by . The total net inflow has reached $53 with a combined 28% of the total, and 28 per cent for . 925 billion) for , meaning.
The risk appetite of ETF investors could be lowered by recent price fluctuations and global macroeconomic uncertainties. Analysts emphasize that inflow and outflow data in spot ETFs are essential to understand the direction of institutional demand.
*This is not investment advice.
Thanks for reading As Uncertainty Continues in the Crypto Market Outflows Continue in Bitcoin Spot ETFs! Here Are the Latest Data
