U.S. Spot Bitcoin ETFs Record $1.2 Billion Weekly Outflow Amid Market Downturn
SoSoValue reports that the biggest outflow was in BlackRock’s iShares Bitcoin Trust, which lost $268.6 million. Bitcoin has lost 6% so far this month, against the pattern of 10 out of the last twelve Octobers, when the cryptocurrency saw increases. U.S spot Bitcoin Exchange-traded funds (ETFs) lost almost $1.2 billion last week. As a whole, the
