✉news BusinessCrypto first seen 5 d ago, last 5 d ago, peak #21
Bitcoin ETFs Shed $635 Million in a Day as BTC Falls Back to September Levels
Original: Bitcoin ETFs See $635M Outflow In A Day As BTC Slips Back To September Levels
US spot Bitcoin exchange-traded funds recorded roughly $635 million in outflows in a single day as the price of Bitcoin dropped back to levels last seen in September. The withdrawal marks one of the larger daily outflows in recent weeks and coincided with a broad pullback in crypto markets. Traders are weighing whether the selling reflects short-term profit-taking or the start of a longer retreat, with attention turning to whether institutional demand can stabilize prices.
Why now: A large one-day ETF outflow combined with a sharp drop in Bitcoin's price is fueling concern about institutional sentiment toward crypto.
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Evidence
- Bitcoin ETFs See $635M Outflow In A Day As BTC Slips Back To September Levels · TradingView
- Bitcoin ETFs See $635M Outflow In A Day As BTC Slips Back To September Levels · TradingView
- Bitcoin ETFs See $635M Outflow In A Day As BTC Slips Back To September Levels · Stocktwits
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