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canceractive.com ·

Bitcoin ETFs draw $440.8m before Binance hack sell-off

Bitcoin ETFs draw $440.8m before Binance hack sell-off
Source: canceractive.com

U.S. spot Bitcoin ETFs have attracted $440.8 million over four consecutive trading sessions through Oct. 29, with BlackRock taking most of the inflows before Friday’s sell-off following Binance’s $6.3 billion...

Summary

  • spot Bitcoin ETFs have attracted $440.8 million over four consecutive trading sessions through Oct.
  • 29, with BlackRock taking most of the inflows before Friday’s sell-off following Binance’s $6.3 billion hack.
  • Thursday’s net inflows slowed to $17.2 million as withdrawals from two products offset purchases elsewhere.
  • The four-day intake recovered approximately 57% of the money withdrawn during the previous two losing sessions.
Read the full story on canceractive.com

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