Tuesday, September 10, 2024

Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert

The recent plunge in the price of bitcoin was accompanied by a sizable amount of net outflows from the 12 U.S. spot exchange-traded funds (ETFs). While on its face, that might appear worrisome, it's more likely a sign of healthy growth.

source https://www.coindesk.com/business/2024/09/10/bitcoin-etfs-are-fine-despite-suffering-their-worst-string-of-outflows-says-expert/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Bitcoin Leads XRP, ETH, and ADA Higher as Perceived Threat to Fed Independence Sends Dollar Crashing

Bitcoin (BTC) outshined the otherwise volatile alternative cryptocurrencies early Monday as the dollar index crashed to a three-year low on ...