Record Outflow in Bitcoin ETFs: $4.57 Billion

Bitcoin ETFs Experience Their Worst Period in History

Exchange-traded funds (ETFs) listed in the United States experienced a record outflow of $4.57 billion in net outflows during November and December. This indicates a decline in institutional interest in Bitcoin and other digital assets.

During this period, the price of Bitcoin decreased by 20%. The decline is attributed to a decrease in investors' risk appetite. Additionally, Ethereum exchange-traded funds faced losses of over $2 billion.