Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Bitcoin ETF records $742 million outflow in 3 days
BLOCKCHAIN NEWS

Bitcoin ETF records $742 million outflow in 3 days

By Crypto FlexsMarch 21, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin ETF records 2 million outflow in 3 days
Share
Facebook Twitter LinkedIn Pinterest Email

The Spot Bitcoin ETF experienced its largest three-day withdrawal since its launch in January.

This trend has resulted in a significant shift from high demand driving Bitcoin to all-time highs. Between Monday and Wednesday, these ETFs recorded $742 million in withdrawals, indicating significant outflows from Grayscale Bitcoin Trust at the same time as new investments in competing funds from major firms such as BlackRock and Fidelity Investments have declined. Pay it.

Nonetheless, the ETF has attracted $11.4 billion in net investment since launch, making it one of the most successful ETF launches, according to Bloomberg data. Grayscale Bitcoin Trust, now an ETF, reported outflows of $13.3 billion.

Spot Bitcoin ​​ETF inflows | Source: Bloomberg

While global stock markets and gold prices continue to rise, Bitcoin’s rally cooled as ETF leaked data was digested by the market. However, Bitcoin’s value surged more than 5% today, boosted by signs of a potential interest rate cut from the Federal Reserve, boosting various asset classes.

The stock prices of Bitcoin-related companies also showed a notable rise today after falling for a week. MicroStrategy, the largest holder of BTC, saw its stock price rise 15% today. Shares of major BTC mining companies such as Marathon Digital and Riot Platforms also recovered slightly today following Bitcoin’s recovery.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Skale Labs fairly publishes a technical white paper and introduces the industry’s first “encryption proof” consensus protocol.

September 10, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025
Add A Comment

Comments are closed.

Recent Posts

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025
Most Popular

Lif3 Accelerates DeFi Adoption and Innovation with BitFinex Listing – Blockchain News, Opinion, TV & Jobs

January 26, 2024

Hong Kong mortgage applications were DIP, HKMA report in April 2025

May 31, 2025

$1 Billion Flows into Bitcoin Investment Products as BTC Rises to $66,000 — CoinShares Report

September 30, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.