Share this article

U.S. Bitcoin ETFs See Record Daily Outflow of Over $930M as Carry Trades Lose Shine to the 10-Year Treasury Note

Investors pulled out funds from bitcoin and ether spot ETFs Tuesday as dwindling basis in the CME futures dented the appeal of carry trades.

BTC, ETH carry trades lose shine, spurring record ETF outflows. (Pexels/Pixabay)
BTC, ETH carry trades lose shine, spurring record ETF outflows. (Pexels/Pixabay)