Bitcoin ETFs extend outflow streak as BTC fails to hold $65K
CoinTelegraph·
60-second summary
US spot Bitcoin ETFs are experiencing a four-session outflow streak, totaling $526 million, as investors withdraw funds amid renewed selling pressure on Bitcoin. The cryptocurrency failed to hold the $65,000 mark, leading to increased selling activity. This trend suggests a cautious market sentiment, potentially impacting Bitcoin's price stability and investor confidence in the short term.
US spot Bitcoin ETFs recorded four straight sessions of outflows totaling $526 million as Bitcoin faced renewed selling pressure after failing to hold $65,000.