【Market Update】U.S. spot Bitcoin ETFs saw major outflows for two consecutive days, with total outflows of approximately $729 million. Funds managed by BlackRock, Fidelity, Morgan Stanley, and ARK 21Shares all saw significant redemptions on Wednesday and Thursday, putting downward pressure on the price of $BTC .
Data shows that investors initially sold nearly $90 million early this week, then bought approximately $119 million on Tuesday, providing a brief recovery, before sentiment shifted again. Data from Farside Investors indicates that fund flows have been volatile, intensifying short-term divisions in the market.
#Bitcoin #ETF
(Source: Bitcoin Magazine)
⚠️Risk disclaimer: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; proceed with caution.
Data shows that investors initially sold nearly $90 million early this week, then bought approximately $119 million on Tuesday, providing a brief recovery, before sentiment shifted again. Data from Farside Investors indicates that fund flows have been volatile, intensifying short-term divisions in the market.
#Bitcoin #ETF
(Source: Bitcoin Magazine)
⚠️Risk disclaimer: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; proceed with caution.