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Bitcoin

Bitcoin ETFs See $910 Million In Outflows Over Two Weeks

Image: Cointribune

American bitcoin ETFs have just gone through two difficult weeks, with nearly $910 million in net outflows. At the same time, the BTC price has fallen back below the estimated average purchase price of their investors. Enough to test their patience, as the month of October, initially promising, sinks into the red. Investors continue to withdraw their money from American bitcoin ETFs . Last week, these funds lost $228.6 million, after a first week marked by $681.1 million in net outflows . The session details nevertheless show some rebound attempts. On Tuesday, the funds attracted $175.7 million. On Thursday, they recorded a slight positive balance of $5.1 million. But on Wednesday, withdrawals reached $261.4 million, erasing part of these inflows.

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