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CoinOtag 2024-06-26 04:36:31

Spot Bitcoin ETFs Experience 7 Days of Outflows Amid Price Decline

Spot Bitcoin ETFs experienced a significant trend reversal as the market sees continuous outflows. This persistent decline in ETF funds mirrors the recent drop in Bitcoin prices. Analysts suggest that institutional sell-offs and miner liquidations may be the underlying causes of these outflows. Spot Bitcoin ETFs witness a challenging week, recording $1.2 billion in outflows

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