Bitcoin Spot ETF Loses Over $1 Billion In 8 Days!

The post Bitcoin Spot ETF Loses Over $1 Billion In 8 Days! appeared first on Coinpedia Fintech News

Reportedly, the U.S. BTC ETF has recorded the longest streak of consecutive outflows with 8 days and counting. During this period, the 11 ETFs have witnessed an outflow of $1.185.9 billion, making it the highest outflow since its inception this year. Notably, Blackrock’s “IBIT” has recorded the highest outflow with $459.3 million, followed by Grayscale’s “GBTC” with $269.9 million.