✉news BusinessCrypto first seen 10 h ago, last 1 h ago, peak #2
Bitcoin ETFs Shed $729 Million in Two Days
Original: Bitcoin ETFs Shed $729M in Two Days as Investors Reverse Course
US-listed spot Bitcoin exchange-traded funds recorded roughly $729 million in outflows over two consecutive days, marking a sharp reversal in investor sentiment after weeks of interest in the funds. The withdrawals suggest institutional and retail buyers are pulling back from crypto exposure, and market watchers are treating the outflows as a signal of waning momentum for Bitcoin's price.
Why now: The scale and speed of the outflows suggest a shift in market sentiment that traders fear could drag on Bitcoin's price.
Rank over time, top of the chart is #1. 8 snapshots from 10 h ago to 1 h ago.
Evidence
- Bitcoin ETFs Shed $729M in Two Days as Investors Reverse Course · Bitcoin Magazine
API: https://socialmediatrends-api.osmike.com/v1/trends/1634402