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BTCUSD Dives as Institutional ETF Outflows Hit $3 Billion

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin ETFs are facing a sustained streak of institutional outflows, with over $3 billion withdrawn in three weeks.
  • This selling pressure has caused BTC to decline, while ETH also faces downward momentum amidst broader market concerns regarding the eroding correlation between crypto and rallying equity markets.
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BTCUSD price history

76298.52 +10.94% over the displayed period

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