Bitcoin ETFs Snap 6-Week Inflow Streak With $1 Billion Weekly Exit
From financefeeds.com
Spot Bitcoin exchange-traded funds recorded $1 billion in weekly net outflows, ending a six-week inflow streak that had brought in a combined $3.4 billion and helped stabilize institutional demand during a volatile stretch for crypto markets. The reversal was sharp. The week opened with modest net inflows of $27.29 million on Monday, according to SoSoValue data, but selling pressure took over quickly. Investors pulled $233.25 million from the funds on Tuesday, followed by $635.23 million on Wednesday, the worst session of the week. Thursday briefly interrupted the selling with $131.31 million in net inflows. That ...
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