Bitcoin ETFs bleed $4.4B as outflow run extends to 13 trading days
CoinTelegraph·
60-second summary
US-listed spot Bitcoin ETFs experience $397 million in outflows on Wednesday, extending a 13-day red streak to $4.4 billion in losses. This decline coincides with Bitcoin's 21% drop since May 15, highlighting investor concerns and potential market uncertainty. The prolonged outflow run raises questions about investor confidence in the cryptocurrency market.
US-listed spot Bitcoin ETFs saw $397 million in outflows on Wednesday, extending a 13-day red streak to $4.4 billion as Bitcoin has fallen about 21% since May 15.