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via Cointelegraph · By Cointelegraph Staff
Bitcoin ETF Sell-Off Hits 13 Days With $4.4B Outflows
BTC
BTC/USDT
$79,660.00
-1.49%
$79,660.00
-1.49%
(24s)24h Volume
$17,375,002,079.48
24h H/L
$81,423.03 / $78,660.00
Change: $2,763.03 (3.51%)
Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate
-0.0020%
Shorts pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(11:11 AM UTC)
1 min read
US-listed spot Bitcoin exchange-traded funds (ETFs) extended their sell-off Wednesday to a record 13 consecutive trading days as Bitcoin demand continued to weaken.
Spot Bitcoin ETFs posted $396.6 million in net outflows on Wednesday, bringing cumulative withdrawals to roughly $4.4 billion since the streak began, according to data from SoSoValue.
The current run exceeds the previous record of eight…
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