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via Cointelegraph · By Cointelegraph Staff
Spot Bitcoin ETFs Lose $1B in a Week, Ending Six-Week Inflow Streak
BTC
BTC/USDT
$63,140.05
+0.13%
$63,140.05
+0.13%
(24s)24h Volume
$2,812,817,643.54
24h H/L
$63,390.00 / $62,968.45
Change: $421.55 (0.67%)
Long/Short
68.7%
Long: 68.7%Short: 31.3%
Funding Rate
+0.0043%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(08:19 AM UTC)
1 min read
Spot Bitcoin exchange-traded funds (ETFs) recorded $1 billion in weekly net outflows, ending a six-week inflow streak that had drawn a combined $3.4 billion.
The week started on a cautiously optimistic note, with Monday posting modest inflows of $27.29 million, according to data from SoSoValue. The tide turned sharply on Tuesday, when investors pulled $233.25 million from the funds. Selling…
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