Bitcoin ETFs suffer biggest exodus since June as Ethereum withdrawals hit nine-month high
US spot Bitcoin and Ethereum exchange-traded funds saw their steepest withdrawals in months as the cryptocurrency market continued to decline. Data from SoSoValue shows that the 12 listed US Bitcoin ETFs lost $484.9 million on Oct. 7, their largest single-day outflow since June 25. BlackRock's iShares Bitcoin Trust (IBIT) led the withdrawals with $207.7 million, …
No comments yet. Be the first to add a perspective.