Cryptocurrency ETFs Face Outflows and Market Slowdown Amid Rebalancing
TL;DR Summary
U.S. spot Bitcoin ETFs experienced $902.5 million in outflows last week, ending a four-week inflow streak, mainly due to profit-taking and rebalancing as the quarter ends. Despite short-term fluctuations, long-term institutional adoption remains strong, and Bitcoin shows resilience amid macroeconomic uncertainties, with potential for increased volatility and trend-setting moves in the upcoming months.
Topics:business#bitcoin-etfs#finance#institutional-adoption#market-outlook#outflows#quarter-end-rebalancing
- Bitcoin ETFs End Four-Week Streak on Quarter-End Rebalancing: What’s Next? Decrypt
- Spot Ethereum ETFs Suffer $800M in Outflows, Worst Week Since Launch Yahoo Finance
- Bitcoin and Ether ETFs Close the Week in Red as Outflows Top $660 Million Bitcoin.com News
- Bitcoin ETFs enter ‘slowdown’ phase: Are bears hunting for $90K BTC price? Cointelegraph
- BTC Price Prediction As Bitcoin And Ethereum ETFs See Heaviest Outflows In Months CoinCentral
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