Bitcoin Spot ETFs Witness Consistent Withdrawals in Anticipation of Halving
Friday, 19 April 2024, 08:54
Bitcoin ETF Withdrawal Trend
Investors are showing cautiousness by withdrawing from Bitcoin ETFs.
Outflows Leader
GBTC led the outflows, indicating a bearish sentiment among investors.
Inflows Slowdown
Inflows into BlackRock's IBIT continued to slow down.
This data highlight a cautious approach from investors ahead of the upcoming halving event in the cryptocurrency market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.