#,🚨BTC hovers around $40,000 with a 5% drop in the past 24 hours, signaling weakness in maintaining a price above $41,000. 🚀

The decline is attributed to the worst day for net flow in Bitcoin spot ETFs, notably GBTC, which sold $582 million worth of BTC, contributing to an overall outflow of $134 million.🧳

This capital rotation suggests a lack of new demand for these financial instruments, potentially influencing a bearish trend in the early days of ETFs.

Stay vigilant for developments in the cryptocurrency market this week.#cryptocurrecny #BTC