May 8, 2025

Bitcoin Faces Major Correction with $544 Million Outflow from US ETFs Amidst Economic Uncertainty

1 min read

Recent data from CoinShares highlights a notable shift in investor sentiment towards Bitcoin. The past two weeks have seen substantial outflows from US spot Bitcoin ETFs, hinting at broader market concerns. According to James Butterfill of CoinShares, these outflows signal a significant market correction underway. Latest insights on investor sentiment reveal substantial Bitcoin ETF outflows

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Source: CoinOtag

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