✉news BusinessCrypto first seen 5 d ago, last 4 d ago, peak #11
US Bitcoin ETFs Shed $679 Million in Weekly Reversal
US spot Bitcoin exchange-traded funds recorded roughly $679 million in net outflows over the past week, reversing the inflow trend of previous weeks. The pullback marks one of the larger weekly exits from the products since their launch, and market watchers are weighing whether it signals fading institutional demand or just short-term profit taking amid recent price weakness.
Why now: Large weekly outflows from US Bitcoin ETFs raise concerns about weakening institutional demand for crypto.
Rank over time, top of the chart is #1. 6 snapshots from 5 d ago to 4 d ago.
Evidence
- US Bitcoin ETFs Shed $679 Million in Weekly Reversal · The Defiant
API: https://socialmediatrends-api.osmike.com/v1/trends/1862313