The US Bitcoin spot ETFs sold 1,213 BTC on Thursday as investors pulled funds from the products amid Bitcoin’s underperformance.
A majority of US exchange-traded funds (ETFs) sold their Bitcoin stash on Thursday, marking the products’ third consecutive outflow day. The ETFs sold a total of 1,213 BTC ($71.73 million) as investors continued to take a cautious approach amidst market uncertainties.
