Bitcoin ETFs End Inflow Streak as BTC Slips Below $77K
Cointelegraph
US-listed spot Bitcoin ETFs recorded their first net outflows in nine sessions as the price of Bitcoin dropped below $77,000.Summary
US-listed spot Bitcoin exchange-traded funds experienced $263 million in net outflows on Monday, ending a nine-day winning streak as Bitcoin's price dipped below $77,000. This shift in momentum followed a period where ETFs attracted over $2 billion in inflows. Fidelity’s FBTC led the outflows with $150 million, followed by Grayscale and ARK 21Shares. Analysts attribute the price decline not to supply-demand imbalances, but to a liquidity event triggered by the liquidation of leveraged long positions after BTC failed to maintain levels above $80,000.
(Source：Cointelegraph)