🚨 BITCOIN ETF INVESTORS PULL $696 MILLION IN A SINGLE DAY!
Selling pressure is returning to US spot Bitcoin ETFs, which recorded $696 million in net outflows on Friday, marking their largest single-day withdrawal since January.
Even more concerning, only two trading days over the past year have recorded larger outflows, and both were followed by further declines in Bitcoin’s price.
This is another setback for institutional demand. When ETF investors pull capital at this scale, it adds pressure to an already struggling market.
A return to consistent ETF inflows would help ease that pressure, but for now, the latest figures show that institutional buyers are stepping back. $BTC
$ETH
Selling pressure is returning to US spot Bitcoin ETFs, which recorded $696 million in net outflows on Friday, marking their largest single-day withdrawal since January.
Even more concerning, only two trading days over the past year have recorded larger outflows, and both were followed by further declines in Bitcoin’s price.
This is another setback for institutional demand. When ETF investors pull capital at this scale, it adds pressure to an already struggling market.
A return to consistent ETF inflows would help ease that pressure, but for now, the latest figures show that institutional buyers are stepping back. $BTC
$ETH
