Record Bitcoin ETF Outflows Hit Longest Streak
Key takeaways
- spot bitcoin ETFs lost $2.97 billion across 10 trading days through Friday, the longest outflow streak on record.
- Bitcoin extended its slide to around $72,800 amid the outflows and rotation to other assets.
AI insight — what it means
Bitcoin funds traded on exchanges saw money leaving for ten straight days. This steady outflow added selling pressure that helped push Bitcoin's price lower.
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