Bitcoin ETFs Experience Massive $1.298 Billion Outflows Leading to Significant Price Decline

Recent data reveals a significant outflow from U.S. spot Bitcoin ETFs amounting to $1.298 billion within a two-week timeframe. Corresponding with these outflows, Bitcoin’s price has faced a notable downturn of 11.6%, dropping from $69,476 to $61,162. Several experts predict further corrections in Bitcoin’s price amidst ongoing market dynamics and external factors. Understand the broader

Source: CoinOtag