Bitcoin ETFs See Largest Single-Day Outflow in History
TL;DR Largest Single-Day Outflow: U.S. spot Bitcoin ETFs witnessed the largest single-day net outflow in history, with $1.01 billion withdrawn on February 25, affecting 10 out
Discover in our section the latest cryptocurrency news, bitcoin and the so-called altcoins (alternative crypto).
Since 2011, thanks to the standard Bitcoin open source, new cryptocurrencies known as Altcoins are beginning to emerge, that use blockchain technology as an alternative to Bitcoin, complementing their ecosystem with new algorithms and functionalities.
Some of the best known altcoins are Ethereum [ETH], Ripple [XRP], Tron [TRX] or Litecoin [LTC].
Today there are many exchange houses or crypto exchanges, where these cryptocurrencies have established themselves as a new investment market for financial assets that grows in volume and complexity every day.
Some of the best known cryptocurrency exchanges and where you can make your exchanges are: Binance, Poloniex, Kukoin, or Kraken, among others.
If you want to be informed about everything that is happening in the cryptocurrency ecosystem, be sure to visit our news.
TL;DR Largest Single-Day Outflow: U.S. spot Bitcoin ETFs witnessed the largest single-day net outflow in history, with $1.01 billion withdrawn on February 25, affecting 10 out
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TL;DR The outflow from digital asset investment products reached $508 million last week, totaling $924 million over the last two weeks. Bitcoin was the hardest hit
TL;DR 10x Research reveals only 44% of U.S. spot Bitcoin ETF inflows are intended for long-term investments, with the remaining 56% driven by short-term trading strategies
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