Reported about 22 hours ago
Bitcoin exchange-traded funds (ETFs) have experienced over $1.5 billion in net outflows in the last four days, coinciding with a price decline of 11% from its recent all-time high of $108,268. Despite the caution reflected in these outflows, institutional interest remains robust, demonstrated by MicroStrategy's significant bitcoin acquisition. Leading ETFs like the Fidelity Wise Origin Bitcoin Fund and BlackRock's iShares Bitcoin Trust saw substantial withdrawals, while only one fund noted inflows during this period.
Source: YAHOO