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BTCUSD Stagnates as Spot ETF Outflows Persist Amid Signs of Selling Exhaustion

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The Story

News Summary

  • U.S.
  • spot Bitcoin ETFs faced $91.4 million in net outflows, continuing a multi-week negative trend.
  • However, experts suggest selling pressure may be exhaustion-driven as inflows diversify across other issuers, signaling potential stabilization for Bitcoin prices around the $63,000 support level.
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BTCUSD price history

78370.06 +18.96% over the displayed period

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