Why Bitcoin ETFs Just Had Their Worst Single-Day Outflow in Three Weeks

From abcmoney.co.uk

On March 27, the screens on every cryptocurrency trading desk displayed the same message: red. Not the dramatic, panic-inducing red that causes cable news segments and Twitter meltdowns, but the more subdued, deliberate shade that appears when institutional money chooses to take a day off. The biggest single-day withdrawal since March 6, U.S. spot Bitcoin ETFs saw $171.2 million in net outflows on Thursday. This figure varies depending on the context. For some, it was proof that the celebration was coming to an end. It was hardly worth a shrug for others, including a number of analysts who made public statements ... (full story)