Bitcoin ETFs Suffer Second Consecutive Outflow as Market Sentiment Remains Mixed

Bitcoin exchange-traded funds (ETFs) have posted a second consecutive outflow, as per data from tracking website BitRss. Meanwhile, other major funds in the cryptocurrency market have seen inflows.

The latest figures show that Bitcoin ETFs experienced an outflow of $14 million over the past week, with a total net asset value (NAV) of $32 billion. This marks the second consecutive week of outflows for these funds.

However, other major funds have turned green, with inflows reported across various assets, including altcoins and stablecoins. The overall market sentiment remains mixed, reflecting ongoing uncertainty in the cryptocurrency ecosystem.