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Scott Melker explains how bitcoin (BTC-USD) exchange-traded funds (ETFs) just lost millions of dollars in the span of a day. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.
US spot Bitcoin exchange-traded funds (ETFs) recorded $484.9 million in net outflows on Wednesday, reversing Tuesday’s $118.8 million net inflow.The withdrawals were the largest since June 25, when the funds lost $691.7 million, according to Farside Investors.Wednesday’s outflows wiped out the $321…