Bitcoin's biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing
CoinDesk·
60-second summary
Bitcoin's biggest ETF selloff yet hits $3.4 billion as investors withdraw funds for 11 consecutive sessions through Monday, the longest redemption streak since its 2024 launch. This trend comes as risk dollars rotate toward an AI-led equities rally, fueling a surge in tech stocks that continues to gain momentum, further emphasizing the cryptocurrency's volatility.
U.S. spot bitcoin funds bled cash for 11 straight sessions through Monday, the longest redemption streak since their 2024 launch, as risk dollars rotated toward an AI-led equities rally.