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Bitcoin ETFs snap 7-day inflow streak with $225M in outflows

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 9 Views

Bitcoin ETFs snap 7-day inflow streak with $225M in outflows

After attracting nearly $1 billion over seven trading sessions, US-listed spot Bitcoin ETFs recorded their first daily net outflow since July 13.

US-listed spot Bitcoin exchange-traded funds (ETFs) ended a seven-session inflow streak on Thursday, marking their first day of net outflows since July 13.

Spot Bitcoin ETFs recorded $225.2 million in net outflows on Thursday, attracting nearly $1 billion in net inflows over the last seven trading sessions, according to SoSoValue.

Despite Thursday’s outflows, the funds had still attracted about $274 million in net inflows this week as of Thursday.

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