Significant Outflows in Bitcoin ETFs on September 3, 2024 | Flash News Detail | Blockchain.News

Significant Outflows in Bitcoin ETFs on September 3, 2024

9/4/2024 3:47:11 AM

Significant Outflows in Bitcoin ETFs on September 3, 2024

According to @FarsideUK, Bitcoin ETFs experienced significant net outflows totaling $287.8 million on September 3, 2024. Key ETFs such as FBTC saw outflows of $162.3 million, GBTC had outflows of $50.4 million, and ARKB faced outflows of $33.6 million. Other ETFs like BITB, EZBC, BRRR, and HODL also recorded negative flows. This data suggests a bearish sentiment among institutional investors. (Source)

Bitcoin ETF GBTC FBTC ARKB

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.