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BTC ETFs See $6.35 Billion Outflows as Institutions Retreat
The United States-based Bitcoin ($BTC) ETF sector has recently witnessed the most severe net outflow over the past thirty days. As per the data from Galaxy Research, the net outflows hit the $6.35 billion mark over the month, denoting the biggest withdrawal since the launch of BTC ETFs. This development underscores the growing selling pressure from conventional finance channels, while institutions keep de-risking amid increased volatility. Based on the market data, Bitcoin ($BTC) ETFs have experienced a noteworthy shift in institutional interest levels. The outflow does not seem a provisional anomaly but a systematic ... (full story)
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