CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Cryptoknowmics 2024-02-15 05:36:44

Gold ETFs Face Bleak Outflows, While Bitcoin ETFs Shine with Inflows

Gold-tracking exchange-traded funds (ETFs) find themselves in a challenging situation this year, witnessing substantial outflows totaling $2.4 billion, according to Bloomberg intelligence analyst Eric Balchunas. In stark contrast, Bitcoin ETFs have experienced a surge in popularity, accumulating aggregate inflows of $3.89 billion in 2024, as reported by preliminary data from Farside. Gold ETF Struggles Out … Continue reading "Gold ETFs Face Bleak Outflows, While Bitcoin ETFs Shine with Inflows" The post Gold ETFs Face Bleak Outflows, While Bitcoin ETFs Shine with Inflows appeared first on Cryptoknowmics-Crypto News and Media Platform .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.