Bitcoin Market Experiences Significant Outflows Amidst ETF Meltdown
Bitcoin Market Experiences Significant Outflows Amidst ETF Meltdown
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The Bitcoin market faced substantial selling pressure this week, with spot Bitcoin ETFs recording over $860 million in withdrawals. This outflow pace, detailed in reports from Farside Investors, is the highest seen in months, stunning the market and indicating a sharp decline, despite some pushback from bulls.
Bitcoin ETF Meltdown: Over $860 Million Outflow Stuns Market As Bulls Push Back
Bitcoin faced renewed selling pressure this week as large investment funds pulled money out at a pace not seen in months. Reports from Farside Investors showed that spot Bitcoin ETFs recorded about $866 million in withdrawals on Thursday, a sharp move that arrived...