US Bitcoin ETFs Experience $1.72B Outflow Amid Market Fear
According to reports, US Bitcoin ETFs have experienced a five-day outflow streak, totaling $1.72 billion. This extended outflow period coincides with a widely recognized crypto sentiment indicator remaining in the "Extreme Fear" range since Wednesday. The development suggests a potential correlation between market sentiment and investment activity in Bitcoin ETFs. Market analysts will likely monitor these trends to assess the overall health and stability of the Bitcoin market.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.