🔴 Bearish
🚨 Bitcoin ETFs Face Record Outflows – Market Pressure Intensifies! 🚨
US Spot Bitcoin ETFs saw a staggering $733 million in outflows yesterday, marking an eight-day losing streak and the strongest single-day outflow in months. BlackRock's IBIT alone recorded $528M in outflows.
📊 Market Impact: This continuous institutional selling pressure is a major driver of Bitcoin's recent drop below $73,000. It confirms institutions are de-risking amidst macro uncertainty.
#BitcoinETF #CapitalFlows