Bitcoin ETFs End Seven-Day Run with Sharp Reversal
Bitcoin ETFs have ended their seven-day streak of net inflows, seeing $225.2 million in net outflows on Thursday.
The funds had attracted nearly $1 billion across the previous seven trading sessions since July 14, but this week's reversal came as Bitcoin briefly dropped below $65,000 following weakness across US equity markets.
The Crypto Fear and Greed Index fell three points to 28 on Friday, keeping the measure firmly inside its fear category. Despite Thursday's outflow, spot Bitcoin ETFs still held about $274 million in weekly net inflows through Thursday.