US Spot Bitcoin ETFs See Major $470M Outflow Day as BTC Briefly Dips
US-listed spot Bitcoin Exchange-Traded Funds (ETFs) experienced a significant “red day,” shedding a total of $470 million in outflows on Wednesday. This large exodus coincided with the price of Bitcoin (BTC) briefly dipping to $108,000 before recovering. ETF Outflow Breakdown: The majority of the outflow came from the largest funds, reversing several days of positive … Read more