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Bitcoin (BTC) Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving

Altszn.com by Altszn.com
April 19, 2024
in Blockchain, Crypto, DeFi, Web3
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Bitcoin (BTC) Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving
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“Key liquidity drivers, such as stablecoin growth and US-listed Bitcoin ETF inflows, have slowed down – as we have mentioned for several weeks. ETF flows peaked on March 12, and four consecutive days of net outflows have recently been seen. Demand for US-listed Bitcoin ETFs appears saturated, as even a 10-15% decline in Bitcoin prices has not increased net inflows,” Matrixport said in a market update early Friday.

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Read More: www.coindesk.com

Tags: AheadBitcoinBTCDeFiETFsfivedayHalvingRegisterSpotstreakwithdrawals
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