Spot Bitcoin ETFs See More Than $1.1 Billion in Outflows Since June 10 Net Inflows Ended
BitGo posted that the market was flat this week, with bitcoin showing weakness. Here's what's happening with digital asset ETFs: - Spot Bitcoin ETFs had another negative outflow week, with $544 million in outflows; - More than $1.1 billion in outflows since the end of the net inflow momentum on June 10; - VanEck's spot Bitcoin ETF began trading on the Australian Securities Exchange (ASX); - Spot ethereum issuers are disclosing their ETF fees; and - The Spot Bitcoin ETF has averaged $130 million per inflow since its launch.
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