Crypto Blog
Bitcoin ETFs collectively experienced the highest outflows yesterday since their January launch, marking the second consecutive day of withdrawals.
Among these, the BlackRock Bitcoin ETF saw net inflows of only $75 million, while Fidelity’s Bitcoin ETF followed with $39.6 million, positioning it second. Other Bitcoin ETFs experienced minimal to no inflows, as reported by Farside, indicating that institutional investors are adopting a cautious stance in anticipation of the Federal Open Market Committee decision today, March 20., with net outflows hitting $444 million on Tuesday alone.
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