📉 Bitcoin and Crypto ETFs Face Heavy Outflows as Market Weakens

🔥U.S. Bitcoin ETFs have seen money leaving for 13 days in a row, losing about $4.37 billion since mid-May. Because of this, total ETF assets have fallen from $104.29 billion to $82.83 billion. Other crypto ETFs like Ether, Solana, and XRP are also now seeing more money being taken out, reversing earlier gains when investors were putting money in. This is happening as crypto prices continue to fall

🚀However, ETFs linked to Hyperliquid (HYPE) are still attracting money, making them one of the few positive areas. Even so, analysts like Citi say the overall outflows from Bitcoin ETFs are putting pressure on market confidence #BitcoinETFPremiumTwoYearLow #USDollarUpOnInflationFedHawk #CFTCAbolishesNoDenySettlementPolicy $BTC $HYPE $SOL

SOL
SOLUSDT
63.89
-4.68%
HYPE
HYPEUSDT
58.62
-8.81%
BTC
BTCUSDT
61,251.8
-3.62%