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Institutions Cool on Bitcoin ETFs, $171M Outflow

Published 6 days, 7 hours ago
Description

Institutional investors pull out $171M from bitcoin ETFs, marking biggest single-day outflow in over three weeks. BlackRocks fund loses $42M, Fidelity and Grayscale each lose $20-30M. Inflows slow down, with just $96M last week and a net outflow of $71M this week. Investors seem to be taking a more cautious approach, but the bitcoin market continues to evolve rapidly.

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