Bitcoin Falls Below $66,000 as ETF Outflows Top $4B in 12 Days
Bitcoin slid under the $66,000 mark as spot Bitcoin ETFs continued bleeding cash, with roughly $4 billion pulled from the products over a 12-day window.
The move extends a stretch of weak sentiment, with ETF redemptions doing most of the heavy lifting on the sell side. Persistent outflows have weighed on near-term price action, and traders are watching the flows for any sign the faucet might finally tighten.
For now, the math is simple: more money leaving than entering, and the chart reflecting it accordingly.
Mentioned Coins
Share Article
Quick Info
Disclaimer: This content is for information and entertainment purposes only. It does not constitute financial, investment, legal, or tax advice. Always do your own research and consult with qualified professionals before making any financial decisions.
See our Terms of Service, Privacy Policy, and Editorial Policy.