VanEck Bitcoin ETF Experiences $5.4 Million Outflow | Flash News Detail | Blockchain.News

VanEck Bitcoin ETF Experiences $5.4 Million Outflow

12/11/2024 12:20:37 AM

VanEck Bitcoin ETF Experiences $5.4 Million Outflow

According to Farside Investors, VanEck's Bitcoin ETF saw a daily outflow of $5.4 million. Notably, 5% of the profits from this product are allocated to Bitcoin developers, supporting the ongoing development of the Bitcoin network. Traders should consider the implications of this outflow as it may indicate investor sentiment or market trends. (Source)

Bitcoin ETF VanEck

More from Farside Investors (@FarsideUK): Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.