$746.3M withdrawn from bitcoin ETFs over two days
- —Outflows from U.S. bitcoin ETFs totaled $746.3 million over two days
- —BlackRock lost $306 million, while MSBT attracted $3.5 million
- —IBIT holds $59 billion in BTC, 62.3% of the ETF market
- —BTC trades near $76,600, up 1.5% in 24 hours
Why it matters: The shift from inflows to outflows signals weak institutional demand after the CLARITY Act failed and the Fed raised rates.
Source: BTC-ECHO