Community Articles
via Cointelegraph · By Cointelegraph Staff
Bitcoin ETFs See $1.7B Weekly Outflows
BTC
BTC/USDT
$63,058.48
+0.00%
$63,058.48
+0.00%
(24s)24h Volume
$2,455,008,117.77
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0026%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(02:46 PM UTC)
1 min read
Spot Bitcoin exchange-traded funds (ETFs) recorded about $1.72 billion in net outflows in the week ending June 5, according to SoSoValue data.
The outflows extended the streak to four straight weeks of billion-dollar redemptions, dating back to the week ending May 15.
Data compiled by Farside Investors shows that the pressure was concentrated across the first three trading days of June, when the…
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