Bitcoin ETFs snap nine-day inflow run as BTC slips below $77K
US spot Bitcoin ETFs post $263 million in outflows, ending a nine-day inflow streak as Bitcoin failed to reclaim $80,000 in its latest run.
US-listed spot Bitcoin exchange-traded funds posted their first net outflows in nine sessions as BTC slipped below $77,000 on Monday.
Bitcoin ETFs saw $263 million in net outflows on Monday, marking the first outflows since mid-April, according to SoSoValue data.
The losses came after spot ETFs drew $2.1 billion in inflows since April 13 as BTC rose about 10% over the period, according to CoinGecko.