Bitcoin ETFs bleed $400 million as BTC reclaims $56K

Bitcoin (BTC) price climbed back to $56,000, leading the crypto market recovery from the recent aggressive sell-off. Ether also made a surge to regain the $2,500 mark after dipping below $2,200. Data shows that BTC and ETH-linked exchange-traded funds (ETF) took a major hit during the downturn. Crypto ETFs saw around $500 million in outflows

Source: Cryptopolitan