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Crypto

Bitcoin ETFs See Massive Outflow Amid Cautious Market Sentiment

Guavy AI Editorial Team
Instruments
BTC
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US-listed Bitcoin ETFs saw their largest weekly outflow since June, netting $389.7 million in withdrawals.

This reverses the strong inflows seen just a week prior, when the funds attracted $853.5 million.

The latest outflows come as investors remain cautious about interest rates and regulatory developments, including the proposed US Clarity Act.

Despite this, Bitcoin's price remains above $64,000, with its implied volatility index sitting at around 37, lower than its average for the year.

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