Significant Drop in US BTC ETF Net Flow with BlackRock Inflow Resumption

9/17/2024 3:55:40 AM

According to @spotonchain, the net flow of US BTC ETFs experienced a significant drop from $263 million last week to $12.8 million as of September 16, 2024, following a decline in Bitcoin prices over the weekend. Despite this, BlackRock's IBIT ETF saw an inflow after 13 days of outflows. Meanwhile, ETH ETFs saw an outflow of $9.4 million. (Source)

ETH BTC ETF BlackRock IBIT

More from Undefined (@Undefined):

---