Bitcoin Spot ETFs See $96 Million Outflow Amid Price Pullback, Yet Derivatives Market Reflects Growing Confidence
Bitcoin Spot ETFs saw significant movement this week, with a $96.14 million net outflow, highlighting shifting investor sentiment. The recent decline in Bitcoin’s price to $101,429 caused institutional investors to adopt a risk-off approach, contemplating the cryptocurrency’s future momentum. Despite notable outflows, the derivative markets for Bitcoin are exhibiting renewed confidence, evidenced by increasing open … Read more