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via Cointelegraph · By Cointelegraph Staff
Bitcoin ETF Sell-Off Hits 13 Days With $4.4B Outflows
BTC
BTC/USDT
$63,072.42
+0.18%
$63,072.42
+0.18%
(24s)24h Volume
$2,103,481,699.35
24h H/L
$63,175.00 / $62,946.58
Change: $228.42 (0.36%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0000%
Longs 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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