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Bitcoin ETF Net Outflow Reaches $189.9 Million on June 14, 2024 | Flash News Detail | Blockchain.News
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6/15/2024 3:53:50 AM

Bitcoin ETF Net Outflow Reaches $189.9 Million on June 14, 2024

Bitcoin ETF Net Outflow Reaches $189.9 Million on June 14, 2024

According to Farside Investors, the total net flow for Bitcoin ETFs on June 14, 2024, was -$189.9 million, indicating significant outflows. Specific ETFs such as FBTC and GBTC saw substantial outflows of -$80.1 million and -$52.3 million, respectively. Only IBIT recorded a positive flow of $1.5 million. This data suggests a bearish sentiment among Bitcoin ETF investors.

Source

Analysis

Farside Investors

@FarsideUK

Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.