Bitcoin ETFs See $536 Million in Outflows as BTC Wilts Below $110K
NegativeCryptocurrency

Bitcoin ETFs have experienced a significant outflow of $536 million, marking the largest daily redemption since August. This shift in sentiment comes after a record-breaking summer for ETF inflows, indicating a growing concern about the relationship between macroeconomic risks, derivatives positioning, and the declining price of Bitcoin, which has fallen below $110,000. This trend is crucial as it reflects investor sentiment and market dynamics that could influence future Bitcoin investments.
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