US bitcoin ETFs bleed $1.2 billion in longest run of net outflows

US Bitcoin ETFs have experienced their longest streak of daily net outflows since their launch in January, with investors pulling nearly $1.2 billion over eight days. This trend is part of a broader retreat from riskier assets amid global market challenges and economic uncertainties, affecting both cryptocurrency and traditional markets.

Sep 9, 2024 - 12:30
US bitcoin ETFs bleed $1.2 billion in longest run of net outflows
US Bitcoin ETFs have experienced their longest streak of daily net outflows since their launch in January, with investors pulling nearly $1.2 billion over eight days. This trend is part of a broader retreat from riskier assets amid global market challenges and economic uncertainties, affecting both cryptocurrency and traditional markets.