US-based Bitcoin spot ETFs saw withdrawals of more than $500 million last week alone. 😲 This hurt the price movements of BTC, which is closely correlated with ETF flows. 📉

Since mid-January, when the US SEC reluctantly approved dozens of Bitcoin spot ETFs, these financial instruments have been at the forefront of adoption by investors, especially those who had avoided entering the landscape before this regulatory approval.

But in the last ten days, things have changed due to uncertainties in the US economy and the Fed's refusal to lower interest rates.

Last week, there were only four days of trading on Wall Street, but only withdrawals were seen. According to FarSide, almost $550 million was withdrawn from ETFs.

Since BTC's price movements are strongly tied to ETF flows, it is no surprise that the underlying asset has failed in the last week or so.

So what do you think? If the value of Bitcoin is falling, would you withdraw your investments? We are waiting your comments! 👇😉