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Bitcoin ETFs See Third Highest Outflow Since Launch, the Other Two Times Was Just Before BTC Price Bottoming

November 18, 2024
in Crypto Updates
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For the reason that launch of the ETFs, Thursday was the third worst day for the bitcoin-linked merchandise. Curiously, the opposite two instances the ETFs noticed outflows of over $400 million was on Nov. 4 ($541.1 million), simply previous to the U.S. election, and Could 1 ($563.7 million). On Nov. 4, bitcoin bottomed round $67,000 earlier than occurring a tear all the best way to over $93,000. Whereas the Could low coincide with a backside at just below $60,000.



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Tags: BitcoinBottomingBTCETFsHighestLaunchOutflowPriceTimes
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