₿ BlackRock Bitcoin ETF sees $1.66B outflows in seven sessions
US spot Bitcoin ETFs experienced $201M in outflows Monday, with BlackRock's IBIT recording $1.66B in net withdrawals over seven consecutive trading days.
Impact on bitcoin: 🔴 Bearish · Large institutional outflows from major ETF products can signal weakening demand and potential price pressure from forced liquidations or rebalancing.
#BTC #BitcoinNews #BreakingNews
US spot Bitcoin ETFs experienced $201M in outflows Monday, with BlackRock's IBIT recording $1.66B in net withdrawals over seven consecutive trading days.
Impact on bitcoin: 🔴 Bearish · Large institutional outflows from major ETF products can signal weakening demand and potential price pressure from forced liquidations or rebalancing.
#BTC #BitcoinNews #BreakingNews