15/12 marks a gloomy trading day for Spot Bitcoin ETF, as capital flows have sharply shifted into negative territory.
🔸 The total net outflow for the day reached $357.69 million.
The biggest concern is that none of the 12 ETFs recorded positive inflows. The entire ETF market has entered a state of net selling or simply observation.
🔸Fidelity (FBTC) unexpectedly recorded the largest daily withdrawal from the account of $230.12 million, which left the fund.
🔸 Bitwise (BITB) ranked second in net outflows with $44.32 million.
🔸Fidelity, one of the pillars of the buying side, suddenly began to sell actively, combining the lack of new capital, which is a clear signal of a short-term bear market.
When you see Giants dumping over $200 million, do you panic and sell, or see it as an opportunity to accumulate cheap coins during the correction?
News for reference, not investment advice. Please read carefully before making any decisions.
