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Spot Bitcoin ETFs See $390M Weekly Outflow

BeInCrypto +1 ·

JPM JPMorgan Chase & Co
$362.84 -0.07%
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  1. 1Spot bitcoin ETFs saw roughly $390 million in outflows last week
  2. 2That marks a reversal from the prior week's $853 million inflow and the largest weekly outflow since early July
  3. 3A spike in oil prices and the Hormuz blockade stoked inflation and high-rate concerns, prompting a sell-off in risk assets

This 3-line summary is compiled from the report below.

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