Bitcoin ETFs See $1.79B, Second Largest Weekly Outflow Since Launch

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Bitcoin ETFs See $1.79B, Second Largest Weekly Outflow Since Launch

The post Bitcoin ETFs See $1.79B, Second Largest Weekly Outflow Since Launch appeared first on Coinpedia Fintech News

U.S. spot Bitcoin ETFs recorded their second-largest weekly selloff since launch, with investors pulling out $1.79 billion in just one week. The heavy selling came as Bitcoin briefly crashed to $58,126 before recovering to around $60,287, wiping out nearly $150 billion from the overall crypto market. Bitcoin ETFs Record One of Their Biggest Weekly Selloffs …