Bitcoin ETFs shed $1.3B in biggest weekly outflow since late June
Summary
Bitcoin exchange-traded funds experienced their largest weekly capital withdrawal since late June. The massive outflows occurred as the price of Bitcoin dropped and US tech stocks faced a broader market sell-off.
Investors pulled a net $1.21 billion from BlackRock’s IBIT last week as Bitcoin fell below $76,000 and US technology stocks sold off.
Source: Read the full story at Cointelegraph.com News
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