Bitcoin ETFs See Heavy Outflows Amid Market Volatility
Bitcoin spot ETFs in the United States recorded significant outflows of around $327 million on October 13, following a weekend of sharp market turbulence. After a rapid sell-off, price recoveries prompted profit-taking among institutional investors. The largest inflow came from BlackRock’s IBIT, while Grayscale’s GBTC led withdrawals, reflecting shifting investor preferences between competing products. As … Read more