US spot Bitcoin ETFs recorded $185.4 million in net outflows Friday, with BlackRock’s IBIT accounting for $143.5 million and Fidelity’s FBTC shedding $41.9 million.
This is the summary Cointelegraph publishes in its feed. The full article lives on their site.
The slide has deepened since the Nov. 12 break below $72,000. A SpaceX IPO comparison offers a bullish scenario, not proof that selling is nearly over.
U.S. spot crypto ETFs lost about $1.55 billion combined, and Avalanche funds' $227,000 was the only weekly inflow among the 15 categories SoSoValue tracks.
Bitcoin Magazine Bitcoin Price Falls 14% in a Week to $65,000 as Weekend Selling Breaks Friday’s Low Bitcoin price crashed about 13% over the past week and traded near $65,600 on...
