🪙 Bitcoin ETFs lose $643 million in a single day! 📉
Four days of steady inflows into U.S. spot BTC ETFs were completely wiped out in a single trading session on Friday!
Panic sparked by news of a Binance vulnerability forced major funds to urgently close their positions.
📈 Monday to Thursday: The funds attracted a total of $440.73 million.
📉 Massive Friday outflows: $643.33 million was withdrawn, not only wiping out those gains but also leaving the week with a net loss of $202.6 million.
💡 Share your analysis: Do you think this drop is just a temporary correction or the start of a stronger downtrend? Let’s discuss in the comments 👇
$BTC
#Bitcoin #BTC #BinanceSquare #CryptoNews #ETF #Bitcoin #CryptoNews
Four days of steady inflows into U.S. spot BTC ETFs were completely wiped out in a single trading session on Friday!
Panic sparked by news of a Binance vulnerability forced major funds to urgently close their positions.
📈 Monday to Thursday: The funds attracted a total of $440.73 million.
📉 Massive Friday outflows: $643.33 million was withdrawn, not only wiping out those gains but also leaving the week with a net loss of $202.6 million.
💡 Share your analysis: Do you think this drop is just a temporary correction or the start of a stronger downtrend? Let’s discuss in the comments 👇
$BTC
#Bitcoin #BTC #BinanceSquare #CryptoNews #ETF #Bitcoin #CryptoNews
