Four Consecutive Days of Bitcoin ETF Outflows, WisdomTree Receives NY Trust Charter
Mar 22, 2024
Market Update Equity indices are showing muted declines today, but the SPY (-0.13%) and QQQ (-0.02%) are still on pace for respective 18th and 17th positive weeks out of the last 21. Crypto markets are showing more pronounced losses, with total market capitalization falling by 3%. $BTC (-2.89%) has fallen to $63.6k while $ETH (-4.53%) has dropped to $3,340. Bitcoin ETFs have seen four consecutive days of outflows totaling $836 million, representing the worst week of flows since inception. Notable outperformers this week include $FTM, $STX, and $APT, gaining 34%, 24%, and 16%. Aptos is reporte