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Bitcoin ETFs Lose $1.44B in 5 Days as Selling Deepens

News.Bitcoin.com
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Bitcoin ETFs Lose $1.44B in 5 Days as Selling Deepens

Bitcoin ETFs lost $299.90 million on Wednesday, extending their five-session outflow total to $1.44 billion. Ether funds shed another $144.81 million, while selling spread across every major crypto ETF category. Bitcoin Selling Remains Concentrated in IBIT The institutional retreat from crypto deepened Wednesday, even as a growing shift toward in-kind exchange-traded fund (ETF) transactions complicated […]

Key Takeaways

  1. Bitcoin ETFs lost $299.90 million on Wednesday, extending their five-session outflow total to $1.44 billion.
  2. Ether funds shed another $144.81 million, while selling spread across every major crypto ETF category.
  3. Bitcoin Selling Remains Concentrated in IBIT The institutional retreat from crypto deepened Wednesday, even as a growing shift toward in-kind exchange-traded fund (ETF) transactions complicated […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.