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Bitcoin News / Bitcoin.com - 1 month ago

ETF Weekly Recap: Bitcoin ETFs Face Third Week of Outflows, Losing $2.61 Billion

The week of Feb. 24 to 28 saw significant outflows from crypto ETFs, with bitcoin funds losing $2.61 billion and ether funds losing $335.35 million. A record single-day withdrawal of $1 billion from bitcoin ETFs on Feb. 26 underscored the prevailing...

Bitcoin News / Bitcoinist - 1 month ago

Bitcoin Coinbase Premium Turns Negative – Spot Selling, ETF Outflows Weigh On Price Action

Bitcoin is trading below the $85K mark as the entire market struggles to hold above key demand levels. The recent sell-off has triggered panic selling and increased speculation about the future of BTC, with many investors fearing that a prolonged bea...

Bitcoin News / Bitcoin.com - 1 month ago

Bitcoin ETFs Extend Outflow Streak to 8 Days With Another $276 Million Withdrawn

Bitcoin ETFs outflows extended to eight days with another outflow of $276 million, while ether ETFs saw $71 million in outflows. Sustained Withdrawals See More Losses for Bitcoin and Ether ETFs Crypto exchange-traded funds (ETFs) continue to face sig...

Bitcoin News / Bitcoinist - 1 month ago

Bitcoin Sees Unusual Surge In Exchange Inflow In 1 Day, Is A Sell-Off On The Horizon?

After an extended bullish period for Bitcoin, the flagship asset has moved into bearish territory, witnessing a $10,000 value drop in just 2 days. BTC’s price descent has triggered fears of heightened selling pressure in the short term as a sig...

Bitcoin News / Bitcoin.com - 1 month ago

Bitcoin ETFs Mark Seven Day Outflow Streak With $755 Million in Outflows

The crypto market continues to face significant challenges with bitcoin ETFs experiencing a seventh consecutive day of outflows, totaling $755 million on Wednesday, Feb. 26. Ether ETFs also saw their fifth straight day of outflows, amounting to $94 m...

Bitcoin News / Bitcoin.com - 1 month ago

Bitcoin Struggles Below $85K as ETFs Outflows Reach Record High

The price of bitcoin (BTC) dropped south of $84,000 as spot bitcoin exchange-traded funds (ETFs) posted record outflows. As of 2:30 p.m. (ET), the leading crypto asset is hanging below the $85,000 range at $84,378. ETF Exodus Weighs on Bitcoin, Price...