Bitcoin

Million

Spot

US spot Bitcoin exchange-traded funds (ETFs) recorded a net outflow of $152.42 million on Tuesday, marking the fourth day in a row of net outflows.
<h2 id="us-spot-bitcoin-etfs-see-152-million-net-outflow-extending-negative-streak-to-four-days">US Spot Bitcoin ETFs See $152 Million Net Outflow, Extending Negative Streak to Four Days</h2>
Among 11 bitcoin ETFs, Fidelity's FBTC had the largest outflow at $83 million, according to SosoValue data.
Grayscale's GBTC followed with a net outflow of $62 million, while Bitwise's BITB saw an outflow of approximately $7 million. The remaining eight ETFs recorded zero flows on Tuesday.
As of Tuesday, the cumulative net inflow of 11 spot Bitcoin ETFs was $14.81 billion, down from a peak of $15.69 billion on June 7. These products previously had a 19-day entry streak through June 7.
Related News: <a href="https://en.bitcoinsistemi.com/data-revealed-these-altcoins-are-the-most-searched-on-google-but-their-prices-are-falling/" target="_blank" rel="noopener noreferrer nofollow">Data Revealed: These Altcoins Are The Most Searched On Google - But Their Prices Are Falling</a>
Trading volume for these ETFs reached $1.7 billion on Tuesday, up from $1.24 billion on Monday.
According to the Bitcoin price page, Bitcoin price is trading around $65,300 at the time of publication, down 0.35% over the last 24 hours.
Bitcoin has fallen from a key price support level, which could indicate an 8% to 12% correction, CryptoQuant analysts said in a report published on Tuesday. This potential decline could lead the price towards $60,000.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/us-spot-bitcoin-exchange-traded-funds-etfs-experience-net-outflows-for-the-fourth-day-in-a-row-here-are-the-details/" rel="noopener noreferrer nofollow">US Spot Bitcoin Exchange Traded Funds (ETFs) Experience Net Outflows for the Fourth Day in a Row! Here are the Details</a>

US Spot Bitcoin Exchange Traded Funds (ETFs) Experience Net Outflows for the Fourth Day in a Row! Here are the Details

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