🚨 BlackRock’s Bitcoin ETF saw net outflows of $1.66 billion over seven consecutive sessions, as selling pressure spread across the market.
📌 IBIT lost another $213 million on Monday, bringing total net outflows since 30/10 to $1.66 billion; Bitcoin ETFs across the market saw another $201 million in outflows.
📌 Ether ETFs $ETH recorded net outflows of around $185 million, the highest since 6/10; the Fear & Greed Index edged up to 32 but remained in the "Fear" zone.
ETF outflows point to defensive sentiment prevailing, with $BTC around $74,594 struggling to break out as demand weakens.
💬 Do you believe this is a short-term bottom to accumulate $BTC , or is another leg down ahead?
#Bitcoin #CryptoNews
🔗 Source: Cointelegraph
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
📌 IBIT lost another $213 million on Monday, bringing total net outflows since 30/10 to $1.66 billion; Bitcoin ETFs across the market saw another $201 million in outflows.
📌 Ether ETFs $ETH recorded net outflows of around $185 million, the highest since 6/10; the Fear & Greed Index edged up to 32 but remained in the "Fear" zone.
ETF outflows point to defensive sentiment prevailing, with $BTC around $74,594 struggling to break out as demand weakens.
💬 Do you believe this is a short-term bottom to accumulate $BTC , or is another leg down ahead?
#Bitcoin #CryptoNews
🔗 Source: Cointelegraph
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
