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Crypto

Bitcoin Spot ETFs Suffer Four-Day Net Outflow Streak

Guavy AI Editorial Team
Instruments
BTC
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A recent trend in Bitcoin's spot ETFs has seen a four-day streak of net outflows. According to data from SoSoValue, cited by ChainCatcher, the total net outflow from these funds reached $49.7544 million yesterday.

This marks a significant decline in investor enthusiasm for these products, with the spot Bitcoin ETF with the largest single-day net inflow being the Grayscale Bitcoin Mini Trust ETF BTC, which saw a net inflow of $5.0796 million.

The historical total net inflow of BTC amounts to $2.654 billion, indicating a substantial shift in investor behavior. This data serves as a reminder that market trends can be unpredictable and subject to change.

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