Why Bitcoin ETFs are seeing record outflows
Bitcoin ETFs posted a record 9-day outflow streak as $2.8B left and IBIT lost $2B. Here’s why it happened and what it means for BTC.
Bitcoin News·
Interactive Brokers strategist Steve Sosnick says crypto’s recent wobble has exposed a “ crypto tourist” problem where money that chased performance on the way up is now heading for the exits. The “ Crypto Tourist” Thesis Speaking on Laura Shin’s “Bits + Bips” podcast alongside co-host Steven Ehrlich, Sosnick argued that much of the capital […]
Read full articleBitcoin ETFs posted a record 9-day outflow streak as $2.8B left and IBIT lost $2B. Here’s why it happened and what it means for BTC.
Bitcoin ETFs Hit 15-Day Outflow Streak: Macro Jitters? The post Bitcoin ETFs Hit 11-Day Slump: Is Macro Uncertainty Making Investors Blink? appeared first on 99Bitcoins.
The official corporate arm of the Dogecoin Foundation is plugging DOGE into the same OCC-regulated brokerage stack that already powers crypto on PayPal, Venmo, Interactive Brokers and Mercado Libre.
Bitcoin and ether exchange-traded funds (ETFs) closed the final week of May under sustained redemption pressure, with combined outflows of more than $1.6 billion as investors continued to trim exposure to the market’s largest crypto funds. XRP and HYPE Funds Attract Over $40 Million in Weekly Inflows The holiday-shortened week did not give crypto ETF […]
Strategy made its first BTC sale since 2022 as Bitcoin ETFs shed billions over the last two weeks, nudging the price down even lower.
The post BTC, ETH price news: Bitcoin, ether, solana slide as AI trade continues to rip higher appeared on BitcoinEthereumNews.com. A record 10-session, $2.97 billion outflow streak from spot bitcoin ETFs and a fresh rally in oil prices on stalling U.S.-Iran ceasefire talks have kept bitcoin BTC$73,399.52 and the wider crypto market under pressure even as Wall Street’s AI trade pushed global equities to new records in Asian trading Monday. The MSCI All Country World Index gained 0.2% on Monday and Asian equities advanced 1.1% to an all-time high, with bellwether tech indexes in South Korea, Taiwan and Japan all setting records, Bloomberg reported. Nasdaq 100 futures rose 0.6% after Nvidia said it would enter the Windows laptop market in direct competition with Intel and AMD, and SoftBank Group jumped as much as 11% on its OpenAI and Arm holdings, putting the Japanese conglomerate on track to become the country’s most valuable listed company. The mood was complicated by oil. Brent crude
Crypto ETFs spark performance chasing, risking sell-offs as market optimism outpaces fundamentals. The post Steve Sosnick: Crypto ETFs are fueling performance chasing, the critical role of money flow in market dynamics, and the reliance on faith over fundamentals in the stock rally | Unchained appeared first on Crypto Briefing.
The post Bitcoin ETFs Post $1.42B Weekly Outflows To Close Bloodbath May appeared on BitcoinEthereumNews.com. Bitcoin ETFs Post $1.42B Weekly Outflows To Close Bloodbath May Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Semilore Faleti works as a crypto-journalist at Bitconist, providing the latest updates on blockchain developments, crypto regulations, and the DeFi ecosystem. He is a strong crypto enthusiast passionate about covering the growing footprint of blockchain technology in the financial world. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/bitcoin-etfs-1-42b-weekly-outflows-bloodbath-may/