Director of CoinShares: Bitcoin spot ETF had net outflows for two consecutive days
Mars Financial News: CoinShares research director James Butterfill posted on the X platform that the net inflow of Bitcoin spot ETF has been negative for the second consecutive day, due to increased outflow of Grayscale funds and decreased demand for new ETFs in the United States.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Kiwi defies hot US inflation as Fed pause bets weaken the USD
Apple says iPhone Duo demand is "unprecedented," pre-orders sold out within minutes, deliveries postponed until January next year
Within minutes of opening pre-orders for Apple's first foldable screen phone, iPhone Duo, the delivery period was extended to the end of January next year, affecting all colors and storage configurations. Analysts from Bloomberg Intelligence have raised their sales expectations, believing that sales may surpass the target of 14 million units and $28 billion. On Friday, Apple's stock price rose slightly by 0.43%.
Credit panic hits AI trading: CoreWeave bond yields remain high, Nasdaq posts biggest weekly drop since late June
Concerns over the debt risk of AI infrastructure companies continue to rise. Yields on some CoreWeave bonds briefly exceeded 15% on Thursday and remained elevated on Friday. CoreWeave's stock price plunged another 12% on Friday, and the Nasdaq Composite Index fell about 4.5% for the week. Analysts point out that as capital costs rise to unbearable levels, companies will have no choice but to reduce their capital expenditures.
Philadelphia Semiconductor Index Experiences Longest Losing Streak Since 2008; Jensen Huang Responds Calmly: Short-term Fluctuations Won't Change AI's Long-term Growth Prospects
Despite recent sell-offs in AI-related stocks, Nvidia CEO Jensen Huang remains confident in the long-term prospects of the AI industry.
Crypto prices
More
