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$635 Million Vanished From Bitcoin ETFs in One Day

Original: $635 Million Vanished From Bitcoin ETFs in One Day Coinbase says spot Bitcoin ETFs are now the market's biggest buyers,

US spot Bitcoin exchange-traded funds saw roughly $635 million in outflows in a single day, a sharp reversal from recent buying. Coinbase notes that spot Bitcoin ETFs have become the market's largest buyers, making the sudden outflow a reminder of how quickly that demand can flip into selling pressure. Traders are watching whether the outflows continue or prove a one-day blip.

Why now: Large single-day outflows from Bitcoin ETFs signal shifting institutional demand and raise concerns about near-term price direction.

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Evidence

• $635 Million Vanished From Bitcoin ETFs in One Day Coinbase says spot Bitcoin ETFs are now the market's biggest buyers, but a single-day $635 million outflow shows how fast that buying pressure can flip into a selloff. Watch: https:// youtube.com/shorts/z8xcXHMfY0Y # Bitcoin #… · thebitcoinstreetjournal

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