Bitcoin Spot ETFs See Outflows of $869 Million

Bitcoin Spot ETFs Are Going Through a Difficult Period

Bitcoin spot ETFs listed on US exchanges have experienced significant outflows as prices fell below $100,000. Recently, these funds faced a total outflow of $869 million.

The total outflow for these spot ETF funds over the past three weeks has been recorded at $2.6 billion. The withdrawal of investors during this period makes the already volatile cryptocurrency market even more contentious.