US Bitcoin ETFs See Negative Flows: A Closer Look at Recent Activity
Yesterday, Bitcoin ETFs experienced significant sell-offs totaling 3,000 BTC ($297M). Here’s how key players contributed:
1. #blackRock : Bought 850 BTC (+$80.50M)
2. #Fidelity : Sold 2,170 BTC (-$208M)
3. #ArkInvest : Sold 1,180 BTC (-$113M)
The total amount sold represents approximately seven days of Bitcoin supply.
What does this indicate for the future of Bitcoin ETFs?
