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Bitcoin ETF Net Outflows Highlight Market Dynamics | Flash News Detail | Blockchain.News
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10/4/2024 3:46:51 AM

Bitcoin ETF Net Outflows Highlight Market Dynamics

Bitcoin ETF Net Outflows Highlight Market Dynamics

According to Farside Investors, the Bitcoin ETF market experienced a net outflow of $54.2 million on October 3, 2024. Notably, the IBIT ETF saw an inflow of $36 million, while the FBTC ETF had an outflow of $37.2 million. Other ETFs such as BITB and BTCO experienced minor inflows of $2.6 million and $2.4 million, respectively. The ARKB ETF faced a significant outflow of $58 million. Several ETFs, including EZBC, BRRR, HODL, BTCW, GBTC, and BTC, reported no changes in flow. These movements suggest varying investor sentiment across different Bitcoin ETFs.

Source

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.

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