US Spot Bitcoin ETFs Near Yearly Outflow Territory
The outflow on Friday added to the $1.55 billion that has been drained from the ETFs since May 14. The majority of the
The outflow on Friday added to the $1.55 billion that has been drained from the ETFs since May 14. The majority of the
Despite almost $2 billion fleeing spot ETFs in the previous two weeks, analysts continued to retain a cautious stance on bitcoin. Assuming stablecoin
Consistent monthly increase since February indicates a change from accumulation to modest distribution, similar to the bad market of 2022. The annual growth
A mystery trader sold 29.2 million shares of BlackRock’s IBIT on Tuesday using dark pool. The net outflow of $333.6 million occurred on
According to data source SoSoValue, investors pulled $3.45 billion over 11 trading sessions as bitcoin plummeted under $70,000 from US spot bitcoin ETFs. This
There has been a net withdrawal of more than $5 billion from these ETFs in only four weeks. The US spot Bitcoin ETF
The market sentiment was dampened just as the important $60,000 support level was being tested. Just one month ago, the projected daily return for
CryptoQuant warned that the realized price of Bitcoin, which is approximately $53,600, should not be seen as a verified cycle low. At the time
Bitcoin price is trading at the $66K mark. If momentum holds, this region is BTC’s next major resistance target. Bitcoin has finally reclaimed
In the short term, $68K remains the critical level to monitor. Bitcoin (BTC) is currently trading around $65K. Bitcoin’s recent price action has