US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive

Oluwapelumi Adejumo

CoinShares’ latest weekly report revealed that crypto-related investment products saw their fourth consecutive week of negative flows, dominated by the “measurable outflows from the newly issued ETFs in the US.” According to the report, the market saw an outflow totaling $251 million, with the Newborn Nine spot Bitcoin ETFs accounting for over 60%, or $156 […]

The post US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive appeared first on CryptoSlate.

Go here to Read this Fast! US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive

Originally appeared here:
US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive