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The Crypto_Square
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Bitcoin Spot ETFs See Big Outflows ๐
Over four days, Bitcoin spot ETFs lost $1.62 billion as $KAIA prices stayed below $90K. BlackRockโs iShares Bitcoin Trust led the withdrawals, with hedge funds cutting positions due to lower Bitcoin trade yields. $DASH
Interestingly, some money is flowing into altcoin ETFs like XRP and Solana, $0G showing institutions are repositioning rather than leaving the crypto market completely.
Over four days, Bitcoin spot ETFs lost $1.62 billion as $KAIA prices stayed below $90K. BlackRockโs iShares Bitcoin Trust led the withdrawals, with hedge funds cutting positions due to lower Bitcoin trade yields. $DASH
Interestingly, some money is flowing into altcoin ETFs like XRP and Solana, $0G showing institutions are repositioning rather than leaving the crypto market completely.
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