US Spot Bitcoin ETFs Record $261 Million in Net Outflows Amid Broader Market Correction
Photo: Pixabay (illustration)
U.S. spot Bitcoin exchange-traded funds experienced $261 million in net outflows, halting recent positive momentum as the broader crypto market pulls back. United States spot Bitcoin exchange-traded funds faced a sharp reversal in investor sentiment, shedding a combined $261 million in net outflows during a volatile trading session. The downturn breaks a recent streak of positive capital accumulation across the approved financial products, mirroring a broader pullback in the underlying cryptocurrency market. According to market data, the negative flows were distributed across several major issuers, with significant capital withdrawals recorded as Bitcoin prices tested lower support levels.
Source: Cryptopress
