Spot Bitcoin ETFs Experience 7 Days of Outflows Amid Price Decline

Spot Bitcoin ETFs experienced a significant trend reversal as the market sees continuous outflows. This persistent decline in ETF funds mirrors the recent drop in Bitcoin prices. Analysts suggest that institutional sell-offs and miner liquidations may be the underlying causes of these outflows. Spot Bitcoin ETFs witness a challenging week, recording $1.2 billion in outflows

Source: CoinOtag