Bitcoin Rises Amid $30 Million Outflow from Institutional Crypto Funds

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12 months ago bitnews

Institutional crypto funds saw a $30 million outflow as Bitcoin (BTC) attempts to stay above the $63,000 mark amid market correction. Coinshares indicates this followed a significant $584 million outflow two weeks prior, marking a continuation of fund withdrawal trends. After the approval of the spot Bitcoin ETF, institutional interest surged, yet recent fund dynamics