$BTC ETF Bleeding Continues โ Is This a Major Warning? ๐จ
Bitcoin ETF funds experienced their third consecutive day of outflows, totaling $142 million. Bitwiseโs BITB saw the largest drain, with nearly $35 million exiting the fund. However, BlackRockโs IBIT quietly absorbed $6 million, showcasing resilience.
Despite the outflows, ETFs still hold a significant $115 billion, representing over 6.5% of $BTCโs total market cap. While not a full capitulation, selling pressure is undeniably building. ๐ This cautious sentiment is something to watch closely.
#BTC #ETF #Crypto #Bitcoin ๐

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