Bitcoin ETFs See Heavy Outflows but Demand Remains Intact, Says Nansen Analyst
Spot Bitcoin ETFs are on track for their worst month of net outflows since launching in January, sparking renewed debate over whether demand for the flagship products is faltering. With BTC trading near a seven-month low and BlackRock’s IBIT alone seeing roughly $2.47 billion in redemptions so far…
Spot Bitcoin ETFs are on track for their worst month of net outflows since launching in January, sparking renewed debate over whether demand for the flagship products is faltering. With BTC trading near a seven-month low and BlackRock’s IBIT alone seeing roughly $2.47 billion in redemptions so far…
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