US Bitcoin ETFs See Largest Single-Day Outflows Since Listing, Investors Exit High-Risk AssetsSeptember 9, 2023 - US Bitcoin ETFs experienced their longest single-day net outflows since their launch earlier this year, a move that reflects broader investor pullback from high-risk assets amid global market challenges. Data compiled by Bloomberg shows that investors pulled nearly $1
US Bitcoin ETFs See Largest Single-Day Outflows Since Listing, Investors Exit High-Risk Assets
September 9, 2023 - US Bitcoin ETFs experienced their longest single-day net outflows since their launch earlier this year, a move that reflects broader investor pullback from high-risk assets amid global market challenges. Data compiled by Bloomberg shows that investors pulled nearly $1.2 billion from 12 Bitcoin ETFs in the eight days leading up to September 6th. The decline coincides with turbulence in equity and commodity markets driven by concerns over economic growth.
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