Crypto News

Outflow Figures for U.S. Spot Bitcoin ETFs The latest data shows that U.S. spot Bitcoin ETFs have seen a net outflow of $12.6 million in the past week. This marks a significant decrease from the previous week's inflow of $29.6 million, indicating a notable shift in investor sentiment. This is the first time in the past few weeks that we have seen a net outflow for U.S. spot Bitcoin ETFs, which could have significant implications for the cryptocurrency market as a whole. Factors Contributing to the Outflow There are several factors that could have contributed to the recent outflow of funds from U.S. spot Bitcoin ETFs. One possible reason could be the recent volatility in the stock market, which may have caused investors to pull out their funds and seek safer investments. Another factor could be the economic uncertainty caused by the ongoing COVID-19 pandemic, which has led to a decrease in risk appetite among investors. These external factors could have played a significant r...