Post by Augustine Chiagozie (@pabloexchange)
๐ Bitcoin ETFs shed $475M in two days, ending win streak
U.S. spot Bitcoin ETFs recorded $475 million in net outflows over Thursday and Friday last week, snapping a seven-session streak of inflows, according to data from Farside Investors.
BlackRock's iShares Bitcoin Trust accounted for the bulk of the trading activity during the two-day selloff. The reversal signals a shift in short-term risk appetite among institutional and retail investors in these products.
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