Bitcoin & Layer 2s
U.S. Bitcoin ETFs see $6.35B outflows amid Bitcoin's drop near $60K, signaling weaker institutional demand. - Pluang
.1 min read
U.S. Bitcoin exchange-traded funds (ETFs) experienced a significant outflow of $6.35 billion as Bitcoin prices approached $60,000. This trend indicates a potential decline in institutional demand for Bitcoin investments amid market volatility.
Read the full story at Google News Crypto →
Source: Google News Crypto · Report an issue
You might also like
- Bitcoin ETF outflows weaken institutional demand, but whale buying cushions price drops. - Pluang
- Average IBIT investor now down about 40% as spot bitcoin ETFs cap second-worst week on record - The Block
- Bitcoin ETFs see $1.79B outflows in a week, marking seven straight weeks of losses amid falling Bitcoin prices. - Pluang