Bitcoin ETFs See $195M Outflow, Experts Weigh In
Markets & Money Today | 2 Min News | The Daily News Now! - Podcast autorstwa The Daily News Now! - Piątki
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Bitcoin ETFs experience largest outflows in two weeks, with nearly $195 million leaving funds on December fifth. BlackRocks IBIT fund led the exodus, losing $113 million. Despite this, Bitcoin remains relatively stable, with a minor dip of 1.7% in the last 24 hours. Outflows may be due to investors unwinding basis trades, and potential interest rate hikes from the Bank of Japan could add further pressure.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
