Bitcoin ETF outflows reach $4.4 billion in 14 days! What does this mean for the crypto market?
Following recent sharp sell-offs in the Bitcoin market, new data has emerged signaling a potential bottom may be forming. Over the last 14 trading days, spot Bitcoin ETFs saw total outflows of $4.4 billion, putting pressure on prices and sentiment. However, Thursday brought the first positive inflow in two weeks, hinting that this wave of withdrawals might be ending. Despite this turbulent period, ongoing institutional buying has fostered cautious optimism regarding the market’s future direction.