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Coingape

Bitcoin ETFs Record Biggest Daily Outflow Since August as OG Whales Cash Out

Bitcoin ETFs suffered their largest single-day outflow since August. Top whales are also divesting some of their holdings while the token price continues to struggle. Fidelity and Ark Lead Bitcoin ETF Outflows According to SoSoValue data, the fund saw $558.4 million in net outflows. This is the biggest daily drawdown since August 1. This comesThe post Bitcoin ETFs Record Biggest Daily Outflow Since August as OG Whales Cash Out appeared first on CoinGape.

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