Significant Outflow from Fidelity's Bitcoin ETF

8/7/2024 12:31:44 AM

According to Farside Investors, there was a significant outflow of $64.5 million from Fidelity's Bitcoin ETF. This data could indicate a shift in investor sentiment or a reallocation of assets. Traders should monitor this trend for potential impacts on Bitcoin's market price and overall ETF performance. (Source)

Bitcoin ETF Fidelity Outflow investor sentiment

More from 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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