Bitcoin ETFs see record $6.4B outflow amid 17% price drop in crypto winter
US-listed spot Bitcoin ETFs experienced a record $6.4 billion outflow over 30 days as Bitcoin's price fell 17% to the mid-$60,000 range. This reflects declining institutional confidence and a broader risk-off sentiment during the ongoing crypto winter. The sell-off highlights challenges in the crypto market and may influence other cryptocurrencies like Ethereum. Investors should watch for regulatory changes and market reactions that could shift this trend.
US-listed spot Bitcoin ETFs experienced a record $6.4 billion outflow over 30 days as Bitcoin's price fell 17% to the mid-$60,000 range. This reflects declining institutional confidence and a broader risk-off sentiment during the ongoing crypto winter. The sell-off highlights challenges in the crypto market and may influence other cryptocurrencies like Ethereum. Investors should watch for regulatory changes and market reactions that could shift this trend.
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