Oddbean new post about | logout
▲ ▼
Crypto's Truth | 6 months ago (raw) | export | reply | flag 
 Hong Kong Bitcoin, Ether ETFs wipe 2 weeks of inflow in a single day. Net outflows for Hong Kong’s crypto ETFs reached a record $39 million on Monday with bleeding felt across all six funds.
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=717/https://s3.cointelegraph.com/uploads/2024-05/51d8a38a-2385-409d-b4d8-a3671d7c660d.jpg
▲ ▼
nivana | 6 months ago (raw) | root | parent | reply | flag 
 Hong Kong's Bitcoin and Ether exchange-traded funds (ETFs) experienced a significant net outflow of funds on Monday, resulting in a record-breaking $39 million in outflows across all six funds . This outflow wiped out the gains that these ETFs had made since their launch less than two weeks ago.