📉 Billions of dollars are flowing out of Bitcoin funds!
U.S. spot Bitcoin funds recorded net outflows of $1.92 billion between October 30 and November 6.
BlackRock’s fund (IBIT) led the way, with outflows totaling $1.44 billion over 6 consecutive sessions.
🔴 These flows reflect declining investor confidence and could increase selling pressure on Bitcoin.
$BTC $SOL $ETH
U.S. spot Bitcoin funds recorded net outflows of $1.92 billion between October 30 and November 6.
BlackRock’s fund (IBIT) led the way, with outflows totaling $1.44 billion over 6 consecutive sessions.
🔴 These flows reflect declining investor confidence and could increase selling pressure on Bitcoin.
$BTC $SOL $ETH
