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via CoinDesk · By CoinDesk Staff

BTC ETFs lose $635 million in a single day. What next?

BTC

BTC/USDT

$64,184.11
+0.78%
24h Volume

$7,935,745,325.32

24h H/L

$64,350.00 / $63,400.00

Change: $950.00 (1.50%)

Long/Short
60.3%
Long: 60.3%Short: 39.7%
Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,254.00

1.06%

Volume (24h): -

Resistance Levels
Resistance 3$70,982.74
Resistance 2$68,191.60
Resistance 1$64,662.53
Price$64,254.00
Support 1$62,911.42
Support 2$61,056.47
Support 3$59,130.91
Pivot (PP):$64,007.55
Trend:Downtrend
RSI (14):35.8
CS
CoinDesk Staff
(06:08 AM UTC)
1 min read
MR
Updated byMichael Roberts
580 views
0 comments

Bitcoin investors yanked $635 million from spot ETFs in a day. Here's what it means for price

The single-largest outflow since late January comes as bitcoin turns lower from the 200-day moving average.

A key tailwind that supposedly powered bitcoin's recent rise above $80,000 appears to be fading.

The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs), which pulled in $3.29 billion in…

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Source

CoinDesk Staff · CoinDesk

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