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Crypto & Bitcoin

Bitcoin, Ethereum and Solana ETFs All in the Red for October

Reported by Decrypt

Image: Decrypt

U.S. spot Bitcoin ETFs took in $21.1 million on Friday, according to Decrypt ’s ETF tracker. That’s a modest bounce after back-to-back outflows of $484.9 million on Wednesday and $244.1 million on Thursday. Even so, the funds are down a net $386.3 million through the first seven trading days of October. Bitcoin and other crypto asset ETFs allow investors to gain exposure to digital currencies without using crypto exchanges or wallets. These funds track the price of the asset and trade like stocks on a brokerage app.

This is an excerpt. The reporting belongs to Decrypt.

Read the full report on decrypt.co
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