📉 BITCOIN ETFs SEE $430M+ IN OUTFLOWS
U.S. spot Bitcoin ETFs recorded approximately $430.2 million in net outflows on November 5, according to the latest reported data.
That followed $74.6 million in inflows on November 4.
ETF flows are closely watched because they offer one window into institutional demand.
However, one day's outflows do not determine Bitcoin's long-term direction.
👀 Will ETF flows recover when market sentiment improves?
#BitcoinETF #BTC #InstitutionalInvestors #CryptoNews $BTC
U.S. spot Bitcoin ETFs recorded approximately $430.2 million in net outflows on November 5, according to the latest reported data.
That followed $74.6 million in inflows on November 4.
ETF flows are closely watched because they offer one window into institutional demand.
However, one day's outflows do not determine Bitcoin's long-term direction.
👀 Will ETF flows recover when market sentiment improves?
#BitcoinETF #BTC #InstitutionalInvestors #CryptoNews $BTC