US Spot Bitcoin ETFs Witness Extended Outflows
US spot Bitcoin ETFs are experiencing a significant outflow of investments, marking a record-breaking seven consecutive days. This trend, totaling roughly $1.1 billion, comes alongside a recent dip in Bitcoin's price. Analysts point to the lack of immediate positive factors for Bitcoin as a possible reason behind the investor wariness. Some experts, however, remain optimistic about Bitcoin's future, anticipating a potential price surge due to various factors including inflation and institutional adoption.
