Significant Bitcoin ETF Outflows Impact Market Prices

9/4/2024 4:46:27 AM

According to WhalePanda, Bitcoin ETF flows experienced substantial outflows totaling $287.8 million yesterday. Notable outflows included $162.3 million from Fidelity, $50.4 million from GBTC, $33.6 million from Ark, and $25 million from Bitwise. These outflows contributed to a drop in Bitcoin's price from $59.3k before the US market opened to $57.8k. (Source)

Bitcoin ETF Fidelity GBTC Ark Bitwise

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