On-chain data shows that Morgan Stanley's Bitcoin ETF has not experienced outflows this month, having purchased $51.5 million in BTC over the past 20 trading days.
On-chain intelligence platform Arkham data shows that Morgan Stanley's Bitcoin ETF (MSBT) has not recorded any outflows this month, accumulating $51.5 million in Bitcoin purchases over the past 20 trading days. This ETF is one of the few Bitcoin funds that has not experienced any outflow days this month. Additionally, spot Bitcoin ETFs recorded a net inflow of $433 million on Friday, and Ethereum ETFs also saw a net inflow of $144 million on September 18. Bitcoin's price has risen by 3.86% in the past 24 hours, breaking above $81,000, a move widely attributed to the Federal Reserve's interest rate cut on Wednesday.
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Source:U.Today · Source Link
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