Bitcoin Spot ETFs Post $148.7M Outflow on September 30
Bitcoin spot ETFs saw significant outflows on September 30, according to data from moomoo.com. The funds experienced a net outflow of $148.7 million that day. This indicates that investors may be reevaluating their portfolios and withdrawing money from these investment vehicles.
The exact reasons behind this outflow are not specified in the source, but it could be attributed to various market factors such as fluctuating prices or changes in investor sentiment.