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Crypto

Bitcoin ETF Outflows Top $500M Amid Price Weakness

Guavy AI Editorial Team
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BTC ETH
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Crypto ETFs have experienced significant outflows in recent sessions, totaling $526 million over four trading days.

This decline comes as Bitcoin's price has fallen towards $63,000, with spot trading volumes decreasing sharply.

The Ethereum ETF, however, saw a daily net inflow of $36.7 million, indicating selective demand outside of Bitcoin products.

SoSovalue data shows that the Bitcoin ETF group lost about $526 million during four consecutive trading sessions, with withdrawals reaching approximately $225 million on July 23 and $240 million on July 24.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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