Bitcoin ETF Outflows Exceed $300M as Analysts Warn of Critical Price Levels

Bitcoin ETF Outflows Exceed $300M as Analysts Warn of Critical Price Levels

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. witnessed outflows surpassing $300 million this week, as global macroeconomic events fueled investor caution regarding Bitcoin’s short-term trajectory. Between October 1 and 3, approximately $388.4 million exited 12-spot Bitcoin ETFs, following a September surge of over $1.1 billion in inflows. This wave of outflows coincided with escalating geopolitical tensions, particularly the Iran-Isr...

Coinatory news

Comments

Popular posts from this blog

Notcoin Launches Major Airdrop Campaign on Telegram, Distributing 80 Billion Tokens

Tether Achieves Record $4.5 Billion Profit in Q1 2024 Amid Surging Treasury Holdings

Cryptocurrency Market Fluctuates: Fear and Greed Index Drops to Fear Level