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via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$79,717.66
-0.11%
24h Volume

$8,037,012,435.46

24h H/L

$80,200.00 / $79,233.00

Change: $967.00 (1.22%)

Long/Short
53.1%
Long: 53.1%Short: 46.9%
Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,711.92

-0.15%

Volume (24h): -

Resistance Levels
Resistance 3$88,315.23
Resistance 2$81,908.22
Resistance 1$79,878.00
Price$79,711.92
Support 1$79,635.96
Support 2$73,033.65
Support 3$70,930.00
Pivot (PP):$79,824.58
Trend:Sideways
RSI (14):66.3
CS
CoinDesk Staff
(06:08 AM UTC)
1 min read
MR
Updated byMichael Roberts

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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