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coinpedia 2024-11-05 07:48:17

Bitcoin ETF News: Bearish Sentiment Leads to Record $580 Million in Outflows

Bitcoin ETF News: Bearish Sentiment Leads to Record $580 Million in Outflows

The post Bitcoin ETF News: Bearish Sentiment Leads to Record $580 Million in Outflows appeared first on Coinpedia Fintech News Bitcoin ETFs in the United States just faced their largest-ever single-day outflow, with $580 million exiting these funds on Monday—surpassing previous outflow highs seen earlier this year in May. Investors are trimming Bitcoin positions in anticipation of the U.S. presidential election, a likely catalyst behind the spike in outflows and an overall bearish market sentiment. …

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