Will Bitcoin ETF flows turn negative again? What’s causing market jitters

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

After a brief period of inflows, Bitcoin and Ethereum ETFs experienced significant outflows, likely influenced by the latest U.S. CPI data.

This abrupt shift ended a two-day streak of positive inflows, highlighting the volatile nature of BTC ETF investments in the current market environment.

In contrast, Ark Invest and 21Shares’ ARKB experienced significant outflows, totaling $54.0 million, according to Farside Investors. However, this positive trend was short-lived, as the following day saw a cumulative outflow of $0.5 million. Yet, by the 12th of September, both cryptocurrencies rebounded, with BTC gaining 3.3% and ETH rising by 1.58% within a day, as per

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in BUSİNESS

Business Business Latest News, Business Business Headlines