via Cointelegraph · By Cointelegraph Staff
Bitcoin ETFs Post Largest Outflows Since January as BTC Slips
BTC/USDT
$35,782,983,005.25
$61,962.40 / $58,115.01
Change: $3,847.39 (6.62%)
-0.0037%
Shorts pay
US spot Bitcoin exchange-traded funds (ETFs) posted their largest daily outflow since January as Bitcoin struggled to hold the $80,000 level after a sharp rebound from April lows.
Bitcoin (BTC) funds recorded $635.2 million in outflows on Wednesday, extending $233.3 million in outflows from the previous trading session, according to SoSoValue data.
So far, weekly outflows stand at $841.2 million…
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