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Massive Bitcoin ETF Outflows Signal Weak Investor Sentiment
Bitcoin ($BTC) is going through a noteworthy selling pressure amid significant outflows from the ETF sector. The rising outflows from Bitcoin ETF have triggered concerns around investor sentiment as well as institutional demand. As per the data from the popular CryptoQuant analyst, going by Maartunn, the ETF flows of Bitcoin have plunged by nearly $2.3B from the maximum level. Hence, this development indicates a massive decline in the wider ETF performance. The market statistics point out that the Bitcoin’s ($BTC) ETF flows have dipped by almost $2.3B from their top spot. This highlights the biggest outflow seen ... (full story)
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