Author: Elena R Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Aug 30, 2024 11:34
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
On 29th August, only 1 BTC ETF has recorded a positive inflow. Reportedly, ARK’s “ARKB” has added $5.3 Million whereas 5 ETFs have recorded a neutral flow. Conversely, Fidelity’s “FBTC” has recorded the highest outflow of $31.1 Million, followed by Grayscale’s “GBTC” with $22.7 Million. Blackrock, Bitwise, and Valkriye are among the other losers. On the other hand, Grayscale’s “ETH” is the only Ethereum ETF with a positive inflow of $3.6 Million. With 7 ETFs recording a neutral flow and Grayscale’s “ETHE” losing $5.3 Million, the total flow for the day stood at -$1.7 Million.
Source: https://coinpedia.org/crypto-live-news/bitcoin-and-ethereum-etfs-record-outflow-streak-amid-market-turmoil/