Markets· ★★★★· bearish·

US spot bitcoin ETFs post largest daily outflow since June

  • —Outflow was the largest in a single day since June
  • —Bitcoin trades below $82,000 amid the sell-off
  • —BTC ETFs had lost $773 million over the prior two days
Why it matters: Sustained ETF outflows add pressure on bitcoin's price and point to weakening institutional demand.
Source: Google News (crypto query)