Bitcoin ETFs are witnessing significant outflows, with over $1.3 billion withdrawn in the past week as the cryptocurrency's slump deepens. This marks a departure from previous trends where ETF investors typically bought dips. BlackRock's IBIT leads these departures, signaling a shift as investors reduce exposure rather than accumulate. Despite a challenging market, many crypto veterans remain optimistic about a future recovery.
Bitcoin ETFs are experiencing significant outflows, with over $1.3 billion withdrawn in the past week as the cryptocurrency's slump deepens. This indicates a shift where investors are reducing exposure rather than buying dips, a trend led by BlackRock's IBIT. Despite the…
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