US Bitcoin Spot ETF Faces $267.5 Million Net Outflow, IBIT Leads with $130 Million Withdrawal

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

According to Farside Investors, the US Bitcoin spot ETF experienced a significant net outflow of $267.5 million on June 2nd. Notably, the IBIT ETF accounted for nearly half of this withdrawal, with a net outflow of $130 million. This movement highlights a cautious sentiment among institutional investors towards Bitcoin spot ETFs amid ongoing market volatility. The data underscores the importance of monitoring capital flows within crypto investment vehicles to gauge investor confidence and market dynamics accurately.

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