🚨 Crypto News Flash! 🚨
- U.S. spot Bitcoin ETFs saw net outflows for the second day on Oct. 9, with $30.59M exiting the funds. ARK 21Shares’ ARKB led the outflows, losing $44.47M, while BlackRock’s IBIT gained $13.88M, continuing its inflow streak.
- Bitcoin (BTC) faced a volatile day, dropping from $62,000 to $60,541, leading to $40M in long position liquidations. BTC was down 2.2%, trading at $61,031.
- Spot Ethereum ETFs remained inactive, with zero inflows and a 1.8% price drop to $2,402. ETH ETFs have seen $4.1B in net outflows over 79 days, contrasting Bitcoin's $29.1B inflows.
💬 What are your thoughts on the ETF trends? Comment below!