Crypto Updates

Bitcoin ETFs Witness Record Daily Outflows Amid Market Turbulence

Proshares Bitcoin ETFs

In a tumultuous turn of events, spot bitcoin exchange-traded funds (ETFs) in the United States witnessed a staggering total net outflow of $563.7 million on Wednesday, marking the most substantial daily outflows since their introduction into the market. ETF Outflow Dynamics Among the notable ETFs, Fidelity’s FBTC experienced the most substantial net outflows, with over …

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