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U.S. Spot Bitcoin ETFs See $292 Million in 30-Day Net Outflows, First Since Late July

Source
JH Kim

Summary

  • U.S. spot Bitcoin exchange-traded funds (ETFs) posted $292 million in net outflows over the past 30 days.
  • The 30-day cumulative fund flow turned negative for the first time since late July.
  • The tally was based on cumulative net inflows and outflows over 30 days, not on any single trading day.

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Photo: Shutterstock
Photo: Shutterstock

U.S. spot Bitcoin exchange-traded funds posted net outflows of $292 million over the past 30 days, marking the first negative 30-day cumulative flow since late July.

Cointelegraph reported on October 29 that U.S. spot Bitcoin ETFs recorded total net outflows of $292 million in the 30 days through October 26.

The 30-day cumulative flow turned negative for the first time in about three months, since late July.

The tally is based on cumulative net inflows and outflows over a 30-day period, rather than flows from any single trading day.

#Bitcoin ETF
#Trending Coins
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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